New swaps margin hub aims to solve disputes pre-call

Matching up risk factors should avoid collateral headaches, hub hopes

teamwork
Pre-call reconciliation could avoid surge in disputes

The swap market's new hub for the margining of non-cleared trades will seek to avoid a wave of collateral disputes by ensuring counterparties agree on the size of the call in advance, according to one of the executives involved in the project.

"By reconciling inputs pre-call, disputes can be addressed in real time in advance of the calls going out, thereby resolving these disputes before the calls are even initiated," says Chris Walsh, chief executive of Boston-based margin messaging specialist

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.