Template:M summ 2002 ISDA 6(d): Difference between revisions

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	~~This clause~~ is to do with working out the termination value of {{isdaprov\|Transaction}}s for which you’ve just designated an {{isdaprov\|Early Termination Date}}: in the {{1992ma}} using {{isda92prov\|Loss}} and {{isda92prov\|Market Quotation}}, and all that {{isda92prov\|Second Method}} malarkey, and in the {{2002ma}} the much neater and tidier {{isdaprov\|Close-out Amount}} concept.		Section {{isdaprov\|6(d)}} is to do with working out the termination value of {{isdaprov\|Transaction}}s for which you’ve just designated an {{isdaprov\|Early Termination Date}}: in the {{1992ma}} using {{isda92prov\|Loss}} and {{isda92prov\|Market Quotation}}, and all that {{isda92prov\|Second Method}} malarkey, and in the {{2002ma}} the much neater and tidier {{isdaprov\|Close-out Amount}} concept.

	Generally, this is good fat-tail paranoia material, so once upon a time parties used to negotiate it heavily. General [[SME]]-drain from the negotiation [[talent pool]] over the years due to vigorous [[Downgrading - waste article\|down-skilling]] means people are less fussed about it now.		Generally, this is good fat-tail paranoia material, so once upon a time parties used to negotiate it heavily. General [[SME]]-drain from the negotiation [[talent pool]] over the years due to vigorous [[Downgrading - waste article\|down-skilling]] means people are less fussed about it now.