Acadia Solution Compares ISDA SIMM Versions Acadia, a maker of risk mitigation services for derivatives trading, has launched a web-based offering, dubbed IM Recalibration Analytics (IMRA), that is intended to help firms assess the impact of the new ISDA Standard Initial Margin Model (ISDA SIMM), a methodology that helps securities firms calculate initial margin for… Read More >>
SIMM Is Riding Out the Volatility Storm: ISDA
The global, economic tsunami caused by the COVID-19 pandemic is, among other things, spurring questions about the best way firms can calculate initial margin (IM), given the recent onset of wildly volatile financial markets. As you will recall, IM is essential for firms that engage in derivative transactions that are not centrally cleared. Firms are… Read More >>
Support Growing for ISDA’s Initial Margin Standard
Support is growing for a new methodology for calculating initial margin for non-cleared derivatives instruments that was developed by the International Swaps and Derivatives Association (ISDA). Simultaneously, exchange and clearinghouse operator, the Intercontinental Exchange (ICE), reports that the ICE Benchmark Administration (IBA) group, a provider of regulated benchmarks, launched a crowdsourcing facility in support of… Read More >>
ISDA Offers Help for Uncleared Derivatives Margining
The International Swaps and Derivatives Association (ISDA) has published the first in a series of documents to help market participants comply with new margining requirements for non-cleared derivatives, officials say. The 2016 Credit Support Annex for Variation Margin (VM) is described as an update of the 1994 ISDA Credit Support Annex (CSA) that will allow… Read More >>
