Clearing thresholds: Difference between revisions

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{{a|emir|}}So in this new world where derivatives are finally seen as the [[weapons of financial mass destruction]] that Warren Buffett always said they were, the regulators have announced that, over certain thresholds, parties trading [[over-the-counter]] derivatives must clear them through a [[CCP|central clearing counterparty]], and [[mark-to-market]] exposure arising from those types of derivative which cannot be (or are not) centrally cleared must be fully [[Collateral|collateralised]].  
{{a|eu|}}So in this new world where derivatives are finally seen as the [[weapons of financial mass destruction]] that Warren Buffett always said they were, the regulators have announced that, over certain thresholds, parties trading [[over-the-counter]] derivatives must clear them through a [[CCP|central clearing counterparty]], and [[mark-to-market]] exposure arising from those types of derivative which cannot be (or are not) centrally cleared must be fully [[Collateral|collateralised]].  


Thus the grand excitement, culminating in the first quarter of 2017, of [[EMIR|variation margin regulation]] (call it [[WGMR]], [[SIMM]], [[UMR]] - whatever the hell you like). The {{EU}} articulation of it was in {{t|EMIR}} - the grandly titled [[European Market Infrastructure Regulation]].
Thus the grand excitement, culminating in the first quarter of 2017, of [[EMIR|variation margin regulation]] (call it [[WGMR]], [[SIMM]], [[UMR]] - whatever the hell you like). The {{EU}} articulation of it was in {{t|EMIR}} - the grandly titled [[European Market Infrastructure Regulation]].