Template:M summ GMSLA Buy-In: Difference between revisions

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(Created page with "A {{gmslaprov|buy in}} is the self-help process whereby a counterparty can settle a failing delivery itself, and charge it back to the failing counterparty. You really want...")
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Revision as of 15:38, 15 May 2020

A buy in is the self-help process whereby a counterparty can settle a failing delivery itself, and charge it back to the failing counterparty.

You really want to go and have a look at clauses 9.3 and 11.4 of the 2010 GMSLA to understand the buy in process. All the information is there.

  1. redirectGmsla deliverable and receivable securities capsule