A division of the Commodity Futures Trading Commission staff has issued a clarification that will allow shares of certain U.S. Treasury exchange-traded funds (ETFs) to be treated as redeemable securities in a pooled investment fund and thus eligible as margin collateral for certain uncleared swap transactions. The clarification allows these instruments to qualify as eligible… Read More >>
TriOptima & AcadiaSoft Target Collateral Interest Payments
The processing of collateral interest payments needs automation, and vendors TriOptima and AcadiaSoft are partnering to change that as financial services firms gear up for the onset of the Uncleared Margin Rules (UMR) regulations. Cash collateral accounts for approximately 70 percent of all collateral exchanged for non-cleared derivatives, according to the International Swap Dealers Association… Read More >>
CloudMargin & SmartDX Tackle the Variation Margin Rule
Variation Margin Rule Takes Effect March 1 CloudMargin, at web-based collateral and margin management solution, and SmartDX, which provide trade and relationship document generation, collaboration and processing announced that they have partnered to address the daily variation margin (VM) rule that goes into effect March 1 in the European Union, United Kingdom, United States and… Read More >>
