Template:M summ GMSLA Base Currency: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "You need a {{gmslaprov|Base Currency}} to: *Calculate prices, sums or values needed to margin your portfolio (e.g. to arrive at a {{gmslaprov|Market Value}} and {{gmslaprov|Re...") |
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Latest revision as of 11:18, 15 April 2020
You need a Base Currency to:
- Calculate prices, sums or values needed to margin your portfolio (e.g. to arrive at a Market Value and Required Collateral Value) for assets not in the Base Currency (Clause 2.4)
- Convert otherwise-denominated sums into the Base Currency when closing out (Clause 11.2)