ABN Amro confirms $200 million hit from client’s failed margin call
A client could not meet margin calls on US options and futures trades, forcing ABN Amro to close-out the position and take a $200 million loss.
A client could not meet margin calls on US options and futures trades, forcing ABN Amro to close-out the position and take a $200 million loss.
Swiss Life Asset Managers has signed up to the Eurex Clearing ISA Direct model as a clearing member, with ABN AMRO as the clearing agent.