Margin lending risk rates: analysis and comparison

The article studies the changes in the values of risk rates transmitted by clearing organizations in 2018; the regularities and trends of observed changes in the values of risk rates are revealed. The introduction provides a brief overview of regulatory documents, regulatory definition of the concept of «risk rate», as well as reveals the essence of this concept. The term «basic indicator», which is new for margin lending, is also described. The results of the study show the key changes in the values of risk rates disclosed by the clearing organizations of NCO NCC (JSC) and JSC «MFB clearing center». As part of the analysis of risk rates, the aggregation of information on rates for almost 4 thousand financial instruments was carried out in order to assess the dynamics of the number of broadcast combat rates of financial instruments in the context of listing levels (echelons). The analysis of financial instruments by listing levels allowed to assess the risk ratios, as well as to identify General trends within the groups and the criteria by which they are formed. The final part of the article presents the conclusions of the analysis, which include an assessment of the current slice of data on relative risk rates and a positive forecast regarding the dynamics of growth of financial instruments for which risk rates are disclosed.