MMF margin adoption wanted to spice up tokenisation efforts

If tokenised cash market funds (MMFs) are to finally be used as collateral, market individuals say the devices have to change into extra extensively accepted as margin to have an effect.

Talking on the Futures Business Affiliation’s Worldwide Derivatives Expo in London on June 18, Eileen Herlihy, world head of gross sales for buying and selling companies at JP Morgan, mentioned the eligibility of MMF collateral will decide the success of this know-how in derivatives markets.

“Collateral can’t sit static; it