Tariff volatility pushes banks to tighten close-outs
Skip to main content
Lawyers say dealers are looking to update playbooks for terminating derivatives trades
Banks have been looking to update procedures for dealing with over-the-counter derivatives close-outs and margin calls following the recent bout of US tariff-driven market turbulence, according to lawyers.
The market volatility that followed US President Donald Trump’s back-and-forth tariff announcements has had financial institutions contacting lawyers to tighten up their internal playbooks for dealing with collateral calls and close-outs, where a trade is terminated early if a counterparty
You are currently unable to copy this content. Please contact info@fx-markets.com 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@fx-markets.com
Most read articles loading…
Back to Top
You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.
You are currently on corporate access.
To use this feature you will need an individual account. If you have one already please sign in.
Alternatively you can request an indvidual account here:
Read More: Tariff volatility pushes banks to tighten close-outs