Template:M summ 1992 ISDA Settlement Amount: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{isda92prov|Settlement Amount}} only applies to {{isda92prov|Transaction}} terminations where {{isda92prov|Market Quotation}} is the nominated valuation methodology.") |
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{{isda92prov|Settlement Amount}} only applies to {{isda92prov|Transaction}} terminations where {{isda92prov|Market Quotation}} is the nominated valuation methodology. | {{isda92prov|Settlement Amount}} only applies to {{isda92prov|Transaction}} terminations where {{isda92prov|Market Quotation}} is the nominated valuation methodology. In the astoundingly unlikely circumstances<ref>Not remotely unlikely. Almost certain, in fact.</ref> that there is not a {{isda92prov|Reference Market-maker}} on the Lord’s green planet with the time, risk tolerance or general inclination to give you, a competitor, a series of firm quotes on your portfolio that she knows you have no interest in actually hitting — let alone ''four'' of the blighters — note that this provision converts {{isda92prov|Market Quotation}} into {{isda92prov|Loss}}. | ||
Revision as of 13:02, 16 March 2020
Settlement Amount only applies to Transaction terminations where Market Quotation is the nominated valuation methodology. In the astoundingly unlikely circumstances[1] that there is not a Reference Market-maker on the Lord’s green planet with the time, risk tolerance or general inclination to give you, a competitor, a series of firm quotes on your portfolio that she knows you have no interest in actually hitting — let alone four of the blighters — note that this provision converts Market Quotation into Loss.
- ↑ Not remotely unlikely. Almost certain, in fact.