Dealers sneak in tougher terms under cover of variation margin

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Dealers sneak in tougher terms under cover of variation margin

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Euro coins. Euro money. Euro currency.Coins stacked on each other in different positions. Money concept. | Marian Vejcik/weyo - Fotolia

Global variation margin requirements have not created chaos in the market, but collateral is emerging as a battleground, with some dealers using the regulation as an excuse to tighten terms.

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