Margin breaches quadrupled at Eurex in 2020
Equity derivatives service witnessed 1,782 breaches last year alone
Eurex Clearing disclosed 3,227 initial margin (IM) breaches for 2020, up from just 781 in 2019 and the highest calendar-year total since public disclosure began.
The rolling 12-month tally of margin breaches was highest for the equity derivatives service as of end-December, at 1,782. This compares with just 324 in 2019. Breaches at the fixed-income derivatives service totalled 869, up from 316 the prior year, and those linked to the over-the-counter interest rate swaps service 250, compared
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