Did Bogus Methodology Enable

Initial margin methodology

And as a result, as we all know these trades are quite complex and there’s a lot of variability in terms of how they’re priced, and on top of that if you add the variability that comes into the picture because of the margin model itself, and there are so many different options around how the margin model can be built. It could lead to a lot more confusion in the market. It could lead to disputes around the pricing and the margin calculations. And it could further make the OTC market structure further complicated and difficult for participants which is why ISDA has come up with this principles paper around creating a standard margin model and they’ve identified some criteria of what this standard model might be.

Jockle: Now one of the key things and the margin calculation requirements by the central clearers is proprietary to them, but this mimics some of the standard requirements that market participants are facing when facing off against the clearing house, is that correct?

Kancharla: Absolutely. There is definitely a flavor to this whole margin model which is aligned with and similar to what we have seen in CCP’s and also prior to CCP clearing for swaps, even for the swap span model around futures and so on. So the goal of this model is to keep the calculations more or less in alignment so that we can have apples to apples comparison. We can have some kind of a standard, but of course this would apply to bilateral trades whereas the CCP models would apply to centrally cleared trades.

MASON VINTAGE 1890 FREEMASONS MASONIC LODGE DIPLOMA PRINT : - High quality reproduction print of a magnificent and richly designed, 1890 Masonic Diploma used by late 1800s Masonic Lodges to record the life and death of a member.  Lithographic companies printed these ornate emblematic certificates. They contained both Masonic symbols and traditional art icons of the era.  The personal information lines were left blank until the member achieved the appropriate degrees.  The images and art are sure to intrigue Masonic researchers and interested parties since they give a view of the Masonic Lodges of the late 1800s. MASON VINTAGE 1800-1899 FREEMASONS MASONIC LODGE DIPLOMA Reproduction PRINT - from Hibiscus Express
Single Detail Page Misc (MASON VINTAGE 1890 FREEMASONS MASONIC LODGE DIPLOMA PRINT : - High quality reproduction print of a magnificent and richly designed, 1890 Masonic Diploma used by late 1800s Masonic Lodges to record the life and death of a member. Lithographic companies printed these ornate emblematic certificates. They contained both Masonic symbols and traditional art icons of the era. The personal information lines were left blank until the member achieved the appropriate degrees. The images and art are sure to intrigue Masonic researchers and interested parties since they give a view of the Masonic Lodges of the late 1800s.)
  • MASON VINTAGE 1890 FREEMASONS MASONIC LODGE DIPLOMA PRINT:-
  • Description: An all seeing eye adorns the very top with a ribbon banner above that reads AND GOD SAID LET THERE BE LIGHT AND THERE WAS LIGHT.The large text above...
  • In the bottom portion of the diploma is a large banner-scroll on which two certifications occur.
  • In the center are two cherubs holding a banner with the initials A. F. AND A.M. . Next is a tableaux that contains these symbols: a handshake, locked book, compass...
  • The certification on the left of the scroll reads: This is to Certify that whose signature is in the margin hereof has been regularly Entered Passed and Raised...

Futures Trading Strategy  — Inside Futures
Overpriced and over-complex futures contract trading strategies that include complex formulas and multiple lagging indexes are generally not conducive to successful futures trading.

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