re : draft capital charge memo as a desk that has generated a tremendous amount of cash over the last couple of years and holds vastly more margin from its counterparties than our counterparties are holding of ours , how does this policy change impact us ? i have asked this question every six months for the last two years and the answer has typically been that it is too hard to implement . with respect to capital , the west power desk has been subsidizing other parts of ena for a while .
re : draft capital charge memo
as a desk that has generated a tremendous amount of cash over the last couple of years and holds vastly more margin from its counterparties than our counterparties are holding of ours , how does this policy change impact us ? i have asked this question every six months for the last two years and the answer has typically been that it is too hard to implement . with respect to capital , the west power desk has been subsidizing other parts of ena for a while .