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31 August 2023
29 August 2023
27 August 2023
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Created page with "The kinds of collateral that you may exchange under a {{nyvmcsa}}. It looks like you can choose what you like, right, but CFTC rules in practice restrict it to cash in certain currencies. This is broadly analogous to what happens in Europe under EMIR and the other major regulatory regimes imposing margin requirements. You may wonder why regulatory VM is cash and regulatory IM is not, and premium subscribers can find out. We also have an impassioned JC When var..."
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