Tradition and LMRKTS deliver initial margin optimisation

The two firms conducted a live run, resulting in the processing of 132 sides of trades within eight minutes, nine seconds

Illustration of men with thought cloud
Working gains: a series of optimisation tests involving 17 banks showed Simm reductions of 32–43%

Interdealer broker Tradition has completed a standard initial margin model (Simm) optimisation for non-deliverable forwards (NDFs) in partnership with LMRKTS, a New York-based fintech start-up offering multilateral foreign exchange compression services.

The two firms signed a strategic partnership in 2016, to handle execution and compression for G10 FX forwards. Over the past few months, a series of optimisation tests involving 17 banks showed Simm reductions of 32–43%.

Earlier this month, the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: