Template:Nutshell GMSLA Buy-In: Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) Created page with "'''{{gmslaprov|Buy-In}}''' means an arrangement whereby, when a transferor has failed to deliver securities to a transferee, the transferee is entitled to acquire equivalent..." |
Amwelladmin (talk | contribs) No edit summary |
||
| (One intermediate revision by the same user not shown) | |||
| Line 1: | Line 1: | ||
'''{{gmslaprov|Buy-In}}''' means an | '''{{gmslaprov|Buy-In}}''' means an agreement where a transferee who buys in [[equivalent]] [[securities]] to cover a settlement failure can recover its costs of doing so from a failing transferor; <br> | ||
Latest revision as of 09:07, 4 May 2018
Buy-In means an agreement where a transferee who buys in equivalent securities to cover a settlement failure can recover its costs of doing so from a failing transferor;