Uncleared Margin Rule
From ACT Wiki
Derivatives - risk management - collateral - margin.
(UMR).
Uncleared Margin Rules set out requirements for the exchange of collateral in relation to uncleared derivatives transactions (also known as non-cleared derivatives transactions).
The rules are designed to reduce counterparty risk.
See also
- Average Aggregate Notional Amount (AANA)
- Cleared derivative
- Clearing house
- Collateral
- Counterparty risk
- EMIR
- Exchange traded
- Initial margin
- International Swaps and Derivatives Association (ISDA)
- IOSCO
- Margin
- Margin call
- Over the counter
- Uncleared derivative
- Variation margin