Approximately US$1.41trn of collateral was posted for cleared and non-cleared CDS and interest rate swap trades by end-1Q17, according to ISDA's latest margin payments survey. The association's findings highlight significant changes to collateral practices in the derivatives markets over recent years.
The ISDA survey shows that initial margin (IM) posted by clearing participants to central counterparties (CCPs) for their cleared derivatives trades totalled US$173.4bn,
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