CME Group joined an industry coalition of cleared derivatives market participants in a letter to Mark Carney, the chairman of the Financial Stability Board, Mario Draghi, the chairman of the Group of Governors and Heads of Supervision, and Stefan Ingves, chairman of the Basel Committee on Banking Supervision, regarding the treatment of cleared client initial margin and the impact of the Basel III leverage ratio on the strength and stability of the global derivatives markets.
As the world's leading and most diverse derivatives marketplace, CME Group is where the world comes to manage risk. Comprised of four exchanges - CME, CBOT, NYMEX and COMEX - we offer the widest range of global benchmark products across all major asset classes, helping businesses everywhere mitigate the myriad of risks they face in today's uncertain global economy.
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