Cross Margining at Eurex Clearing | An Explanation | Part 1 of 3
This is part one of three parts, a long article with my explanation of how the Eurex cross-margin solution has been built, how it operates and how this can benefit members of Eurex Clear. Part 2 will cover margin modelling and combining OTC and ETD products in a single margin model along with hedge ratios and practical considerations. Part 3 will contain estimates of the benefits and next steps. Eurex and I are always keen to hear feedback on these articles, and the underlying issues - please make contact via the comments, or direct via my profile on the site.