Template:Csa Valuation Date summ: Difference between revisions
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Each day on which you can expect to exchange margin under a | Each day on which you can expect to exchange [[variation margin]] under a Credit Support Annex, which is: | ||
{{l1}} | {{l1}} | ||
'''{{1994csa}} and {{1995csa}}''': Whatever you specified in your elections paragraph and, the older your document is, the more likely it is to be an arbitrary and quite unnervingly long period. <li> | '''{{1994csa}} and {{1995csa}}''': Whatever you specified in your elections paragraph and, the older your document is, the more likely it is to be an arbitrary and quite unnervingly long period. <li> | ||
{{2016nycsa}} and {{2016csa}}: Unless otherwise specified in the elections paragraph, ''every'' day on which you’re both in the office in at least one of your {{{{{1}}}|Valuation Date Location}}s. ''Should'' the parties specify otherwise in their elections? No. Why would they? ''Will'' they? Experience suggests, for a dogged minority, they just might. Don’t be that guy. </ol | '''{{2016nycsa}} and {{2016csa}}''': Unless otherwise specified in the elections paragraph, ''every'' day on which you’re both in the office in at least one of your {{{{{1}}}|Valuation Date Location}}s. ''Should'' the parties specify otherwise in their elections? No. Why would they? ''Will'' they? Experience suggests, for a dogged minority, they just might. Don’t be that guy. </ol> | ||
Latest revision as of 13:47, 26 March 2024
Each day on which you can expect to exchange variation margin under a Credit Support Annex, which is:
- 1994 NY CSA and 1995 CSA: Whatever you specified in your elections paragraph and, the older your document is, the more likely it is to be an arbitrary and quite unnervingly long period.
- 2016 NY VM CSA and 2016 VM CSA: Unless otherwise specified in the elections paragraph, every day on which you’re both in the office in at least one of your {{{{{1}}}|Valuation Date Location}}s. Should the parties specify otherwise in their elections? No. Why would they? Will they? Experience suggests, for a dogged minority, they just might. Don’t be that guy.