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Location
New York
Member since
2023

William's blog archive

2023 (1)
William Thomey

William Thomey

Co-head Business Development at Acadia
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Blogs

 

Uncleared OTC margin settlement and why a centralized, utility solution is a win

08 Mar 2023

As the much-written-about Uncleared Margin Rules (UMR) have been phased in since 2016, a significant number of derivative users now find themselves exchanging both regulatory Variation Margin (VM) and Initial Margin (IM) with their counterparties. As a result, there is both increasing volume and complexity around margin settlement. Layer on inter...