Prepare for variation margin rules now, urges Massad

CFTC chairman talks margins, capital requirements and automated trading at FIA Expo

timothy-massad-03
Timothy Massad: "There's plenty of time to get documentation in place"

Timothy Massad, chairman of the US Commodity Futures Trading Commission (CFTC), has urged market participants to start preparing for the implementation of the next phase of uncleared margin rules, which will require companies to post variation margin for certain contracts from March 1, 2017.

The warning comes after the US, along with Japan and Canada, implemented the first round of the non-cleared margin rules for derivatives on September 1, forcing dealers to post initial margin for certain

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 customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.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 FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets 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 indvidual account here: