Sharp rises and falls in global financial markets caused by the COVID-19 outbreak has resulted in firms facing huge margin calls, adding increased operational pressure at a time where many are focused on ensuring they stay afloat.
Private and institutional investors, as well as corporates, have seen increased collateral demands from their banks and prime brokers for being on the wrong side of their OTC derivatives trades.
The full article is available at https://www.thetradenews.com/mass-margin-calls-spark-operational-headache-buy-side-brokers/