Template:Initialmargindescription: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "To be contrasted with variation margin, initial margin (in the ISDA troposphere known as an {{csaprov|Independent Amount}} is an amount of margin you hold in excess of...") |
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Revision as of 14:53, 17 October 2016
To be contrasted with variation margin, initial margin (in the ISDA troposphere known as an Independent Amount is an amount of margin you hold in excess of current mark-to-market exposure to cover the risk that the market moves suddenly, and your counterparty implodes, dramatically, before you have a chance to make a further variation margin call.