The Standard Initial Margin Model (SIMM), a methodology for calculating initial margin for non-cleared derivatives instruments developed by the International Swaps and Derivatives Association (ISDA) is a work-in-progress, confirms Scott O’Malia, ISDA CEO, in a new posting for the ISDA blog derivatiViews. The need for new initial margin calculation requirements drove the creation of SIMM… 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 >>
