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Cross default: Difference between revisions
→As a standard term in master trading agreements
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*{{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. ''Unless some bright spark thinks it is a good idea to negotiate one in.'' | *'''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. ''[[Cross Default - GMSLA Provision|Unless some bright spark thinks it is a good idea to negotiate one in]].'' | ||
===Compare and contrast=== | ===Compare and contrast=== | ||