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Transaction - ISDA Provision: Difference between revisions
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{{isdaanat|Transaction}} | {{isdaanat|Transaction}} | ||
What exactly counts as a Transaction under an {{isdama}} is a matter of some moment, because it will determine what you need to take into account when applying close-out netting, and (unless you’ve specified a narrower range of {{csaprov|Covered Transaction}}s) the values you need to calculate when making {{tag|collateral}} calls under | What exactly counts as a Transaction under an {{isdama}} is a matter of some moment, because it will determine what you need to take into account when applying close-out netting, and (unless you’ve specified a narrower range of {{csaprov|Covered Transaction}}s) the values you need to calculate when making {{tag|collateral}} calls under your {{CSA}}. | ||
Unusually, for a document so outrageously verbose in most other respects, the {{isdama}} has little to say on the subject, the {{1992isda}} leaving it entirely to the {{isdaprov|preamble}}: | Unusually, for a document so outrageously verbose in most other respects, the {{isdama}} has little to say on the subject, the {{1992isda}} leaving it entirely to the {{isdaprov|preamble}}: | ||