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| {{gmslaanat|11.4}} | | {{Manual|MSG|2010|11.4|Clause|11.4|short}} |
| {{2010 GMSLA Section 11 TOC}}
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| {{sa}}
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| *{{gmslaprov|11.2}} which is the foundation stone of the close-out procedure.
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| *{{gmslaprov|11.4}}, {{gmslaprov|11.5}} and {{gmslaprov|11.6}} of the {{gmsla}} which fully detail the {{tag|close-out}} procedure.
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| How you value a [[mini close-out]] where a party can't redeliver a stock (because it's been suspended or something). It boils down to how you value either leg of the trade.
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| If the {{gmslaprov|Non-Defaulting Party}} has actually sold securities {{gmslaprov|equivalent}} to those it lent, in can treat the price it got as the {{gmslaprov|Default Market Value}}. If it hasn’t, it must get two or more reference [[market maker]] [[quotation]]s and average those.
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| {{buy-in}}
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