NSCC issues record $27.6bn margin call in Q2

The National Securities Clearing Corporation (NSCC) issued its largest aggregate initial margin call in 11 years of reporting during the second quarter, at $29.1 billion.The maximum single-day call was 76.4% higher compared with three months earlier and well above the previous record of $17.2 billion, set in Q4 2020.Required IM also surged, reaching an all-time high of $27.6 billion at quarter 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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe You are currently unable to print this content. Please contact info@risk.net to find out more. You are currently unable to copy this content. Please contact info@risk.net to find out more. Copyright Infopro Digital Limited. All rights reserved.You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.If you would like to purchase additional rights please email info@risk.net Most read articles loading... Back to Top