Margining & Tech

In each of our clearing houses, we work to optimize capital efficiency for clearing participants around the world while maintaining optimal levels of initial and intraday margin to safeguard the global marketplace. The specific margin methodologies used vary based on the risk characteristics of the clearing house’s cleared products, but an overview can be seen below.

CDS Clearing Account Types

We provide individual segregation, omnibus segregated client accounts, and co-mingled general accounts to help you choose the model that best meets the risk profile you want to achieve. High degrees of segregation provide high degrees of protection, but that will be a more costly solution when compared to omnibus accounts where your firm's positions are co-mingled with other customers' positions. We provide various options to consider and our experienced specialists can help you understand the features of each account type so your firm can determine the balance of risk and cost that best suits your business.

Interested in becoming a
clearing member