1. Margin
  2. ISDA SIMM
  3. ISDA Publishes ISDA SIMM v2.5

ISDA Publishes ISDA SIMM v2.5

Margin
ISDA SIMM September 7, 2022
< 1  min.read

ISDA has published the ISDA SIMM® Methodology, version 2.5, with an effective date of December 3, 2022.

This version of SIMM includes updates based on the full recalibration and industry backtesting of the methodology. The updates also include references to the ISDA SIMM Governance Framework (“Framework”) to emphasize that the SIMM methodology remains a central part of the Framework that SIMM users are expected to adhere to.

The effective date of December 3, 2022 means that SIMM users should use SIMM version 2.5 to calculate the initial margin for Close of Business (COB) on Friday, December 2, 2022 onwards. This means that the first day for exchange of initial margin calculated using SIMM version 2.5 would be on Monday, December 5, 2022.

Tags:

,

Documents (1) for ISDA Publishes ISDA SIMM v2.5

Latest

Launch of US Treasury Repo Market Indicators

ISDA has launched the ISDA-Actrix US Treasury Repo Market Clearing Indicators in collaboration with Actrix. The indicators illustrate central clearing adoption in the US Treasury repo market. Sponsored cleared repo volumes are used as a proxy to monitor client participation...

ISDA-Actrix US Treasury Clearing Indicators

This report provides indicators that illustrate central clearing adoption in the US Treasury repo market. Sponsored cleared repo volumes are used as a proxy to monitor client participation in central clearing, the key objective of the Securities and Exchange Commission's...