Risk: Asia CCPs forced to hike margins rapidly during equities rout

Asia’s largest clearing houses had to hike margins dramatically during the March coronavirus equities rout, forcing clearing members to meet large intraday margin top-up calls – and vindicating long-held concerns that bourses compete on margin on benchmark contracts, dealers say.

The full article is available at https://www.risk.net/risk-management/7513451/asia-ccps-forced-to-hike-margins-rapidly-during-equities-rout

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