The CME's Paulhac on cross margining of futures and cleared swaps: big savings but complicated

An interview on MarketsWikiReform.com with Laurent Paulhac, Senior Managing Director, Financial and OTC Products & Services at the CME on collateral cross margining caught our eye. It helps clarify how cross margining will work across the CME’s cleared swap and futures. Paulhac said, “…Portfolio margining is the ability to take a diverse portfolio of instruments...