ESMA Sets Out Rules for Portfolio Margining
By Julie Aelbrecht
April 11, 2017, Future & Options World
Regulator the European Securities and Markets Authority has specified requirements for portfolio margining under the European Market Infrastructure Regulation (EMIR).
Although EMIR allows for portfolio margining across financial instruments, the regulation did not clarify how to identify financial instruments or products that may be combined for portfolio margining or in which cases margin reductions could be up to 100%.
