CloudMargin joins SmartDX for variation margin solution
Market participants gain a product that will help speed up their repapering agreements
CloudMargin has partnered SmartDX to provide a daily variation margin (VM) solution that helps the buy side and other over-the-counter derivatives market participants to renegotiate their agreements in order to comply with the new rules taking effect on March 1.
The product allows users to sign new International Swaps and Derivatives Association documentation or ‘repaper’ their OTC agreements with either their existing counterparties or new ones through SmartDX. The repapered agreements can
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