Iran turmoil lifts CCP margin to new peak
Required initial margin (IM) held at 25 central counterparties (CCPs) climbed 9.2% to $1.4 trillion in the first quarter, its highest level on record.
The largest increase came in unnetted client accounts, where IM rose 11.9% to $657.2 billion. House accounts increased 7.5% to $596.8 billion, while netted client accounts dropped 1% to $137 billion.
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