82,469
edits
Cross default: Difference between revisions
→As a standard term in master trading documents
Amwelladmin (talk | contribs) |
Amwelladmin (talk | contribs) |
||
| Line 7: | Line 7: | ||
*{{efetprov|Cross Default}} ([[EFET]]) | *{{efetprov|Cross Default}} ([[EFET]]) | ||
*{{fbfprof|Cross Default}} ([[FBF]]) | *{{fbfprof|Cross Default}} ([[FBF]]) | ||
*'''Stock lending and repo have no cross default''': Neither the {{gmsla}} nor the {{gmra}} have, as standard, either a [[cross default]] or a [[default under specified transaction]] provision. | *'''Stock lending and repo have no cross default''': Neither the {{gmsla}} nor the {{gmra}} have, as standard, either a [[cross default]] or a [[default under specified transaction]] provision. ''Unless some bright spark thinks it is a good idea to negotiate one in.'' | ||
===Compare and contrast=== | ===Compare and contrast=== | ||