READING 47 : BASIC PRINCIPLES OF CENTRAL CLEARING

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READING 47 : BASIC PRINCIPLES OF CENTRAL CLEARING #54

Open Grefer opened 4 years ago

Grefer commented 4 years ago

https://www.melonsblog.cn/2020/01/reading-47-basic-principles-of-central.html#more

Grefer commented 4 years ago

CCPs normally set margin requirements based only on the risks of the members’ transactions. For initial margin, the credit quality of the member is typically not a consideration and therefore members with different credit risk may be posting the same amount of initial margin.