logo

Futures past


10 years ago
Some options dealers dislike new haircut
New risk-based capital "haircuts", endorsed by Securities & Exchange Commission (SEC) and applauded by many in the US equity options industry, remain a cause of lingering resentment in some quarters.
Under the new rules, due to take effect this summer, SEC has finally accepted the principle of portfolio-based risk calculations to determine what ammounts of
capital should be set aside.

LME picks...

The rest of this article is for subscribers only. Would you like to take a free trial?

Free trial

  • News & Analysis access
  • Extensive data searches
  • Access to archive
  • Weekly newsletter