Euronext Clearing, Euronext’s multi-asset clearing house, today announced the introduction of a new VaR-based margin methodology on the Euronext Milan equities, ETF and financial derivatives markets.
The VaR-based margin methodology was already made available in 2022 for Italian, Portuguese, Spanish, and Irish government bonds on MTS and BrokerTec cash and repo platforms.
This move aligns with the industry’s best practices and represents a significant advancement in risk management principles. The introduction of the VaR framework reinforces Euronext Clearing’s commitment to its clients’ efficiency and safety.
This paves the way to the migration of Euronext cash equity markets to Euronext Clearing, which is planned in Q4 2023 and of derivatives in Q3 2024.
The VaR-based margin methodology…
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