Something for the weekend, sir?: Difference between revisions

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{{a|devil|}}Newsletter cribnotes
{{a|devil|}}Newsletter cribnotes
Variation margin as source of systemic risk. Would it not be better to manage margin exposure by declining to trade? Thanks do not provide margin on the upside, so that puts a natural cap on on clients preparedness to transact. Thanks still call margin on the downside reflecting at this is fundamentally a lending business and the use of bilateral contracts banks role and regulation and capital is the primary systemic risk mitigant.
The bilateral nature of ISDA being a great misconception
The shitness of netting
'''The power of Ignorance''': The most powerful  response to a contrary idea is to ''ignore'' it.
'''The power of Ignorance''': The most powerful  response to a contrary idea is to ''ignore'' it.