porting and novation
reduce your initial margin by moving offsetting trades
What is Porting and Novation?
Our service can show how moving uncleared trades into clearing can reduce risk and IM, saving cost. Likewise, the service can show where trades could be moved between clearing brokers to achieve a similar risk reduction, within the same CCP context.
Our analysis also shows the IM change on any portfolio remaining after the novation could be applied.