DRW selects OpenGamma for margin tech
Prop trading firm DRW has selected OpenGamma, the regulatory technology provider, to manage derivatives margin in its treasury.
OpenGamma offers technology to help firms manage their margin requirements for uncleared margin rules. These rules were introduced in the wake of the 2008 crisis and require firms that trade uncleared over-the-counter derivatives to post initial and variation margin on their trades.The raft of post-2008 regulations that ...
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