To Help 'Phase 3' Firms Comply with Initial Margin Rules, AcadiaSoft Releases Open-Source Code

Next September, Phase 3 firms will be required to post initial margin for all non-cleared derivatives transactions.

Mark Demo

Starting on September 1, 2018, so-called Phase 3 firms—which include mid-tier regional banks, asset managers and fund administrators—will have to post initial margin for all non-cleared derivatives transactions to comply with International Swaps and Derivatives Association (ISDA) guidelines. Phase 1 and 2 firms are already adhering to it as of September 2016 and ’17, respectively.

The ISDA Standard Initial Margin Model (SIMM) is designed to create a standard methodology for calculating initial

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 [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology 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 here: