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Stock impact report

CFTC's Treasury Reform Paves Way for Crypto Market [Yahoo! Finance]

CME Group Inc. - Class A (CME) 
Last cme group inc. - class a earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cmegroup.com
Company Research Source: Yahoo! Finance
On December 12, the CFTC approved an expansion of cross-margining for US Treasuries. This change allows certain customers, not just clearing members, to offset margin requirements between Treasury futures cleared at CME Group. CME Group is one of the largest crypto derivatives trading platform in the US. It also applies to cash Treasuries cleared at the Depository Trust and Clearing Corporation's Fixed Income Clearing Corporation. "Expanding cross-margining to customers will provide capital efficiencies that can increase liquidity and resiliency in US Treasuries, the most important market in the world," Caroline Pham, CFTC's Acting Chair, said. Cross-margining allows firms to reduce total collateral by netting correlated positions within a portfolio. Extending that mechanism from dealer balance sheets to end customers in Treasuries represents a significant structural shift. Market participants view it as a practical test of risk models. Those frameworks could eventually sup Show less Read more
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