Calculation agent: Difference between revisions

Latest revision as of 06:30, 6 October 2022

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-{{g}}As its name suggests, a [[calculation agent]] is a person appointed to calculate things, usually in the context of a [[master trading agreement]] like an {{isdama}}, a {{gmra}}, a {{gmsla}} or a {{csa}} or other [[credit support]] document. It will usually be one of the parties to the master agreement, and usually<ref>Like, ''always''.</ref> the [[broker dealer]] out of the two, if there is only one.
+#redirect[[Calculation Agent]]
-But just who the [[calculation agent]] is, and how much discretion it has to determine the calculation without entertaining protest from the other party, is a matter that can occupy a [[Mediocre lawyer|derivatives lawyer]] for days on end.
-Spoiler: appointing each party as a [[co-calculation agent]] won’t work.
-{{cocalculationagent}}
-{{indetail|Calculation Agent}}
-{{seealso}}
-*[[Valuation]]
-{{ref}}