Template:Nutshell GMSLA Buy-In: Difference between revisions
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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..." |
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'''{{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 {{gmraprov|transferor}}; <br> | ||
Revision as of 09:06, 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;