Reported about 9 hours ago
Two major U.S. Treasury market utilities, the DTCC and CME Group, are set to expand cross-margining rules by the end of 2023, which will determine the leverage hedge funds and investors can use in trades. This initiative aims to mitigate rising transaction costs due to new clearing requirements aimed at reducing systemic risk in the $28.5 trillion Treasuries market. The new rules will allow clients to offset positions across both cash and futures, streamlining the collateral process and promoting central clearing.
Source: YAHOO