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| {{isdacomparison}} | | {{newisda92manual|Market Quotation}} |
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| {{isdasnap|Market Quotation}}
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| ====Commentary====
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| ====See Also====
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| {{isdaanatomy}}
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| {{means}}
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| {{nuts|ISDA|Market Quotation}}
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| {{isia}}
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| ==Commentary==
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| *'''Pricing methodology''': Note that this quote comprises a portfolio of transactions on identical economic terms (including collateralisation), but between the {{isdaprov|Non-affected Party}} and the relevant market maker; i.e. you don't take into account the (almost inevitable) deterioration of the creditworthiness of the {{isdaprov|Affected Party}}.
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| *'''Where there are fewer than three quotations''': By dint of the definition of {{isdaprov|Settlement Amount}}, if there are fewer that three quotations, or the determining party thinks the value provided by Market Quotation is commercially unrealistic, Market Quotation defaults to {{isdaprov|Loss}}.
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| {{isdaanatomy}}
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| {{isia}}
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| *{{isdaprov|Loss}}
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| *{{isdaprov|Close-out Amount}}
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