Template:M summ 2018 CSD 3(c)(iii)(B): Difference between revisions

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(Created page with "To follow the contorted logic here you have to keep in mind that the {{imcsdprov|Credit Support Amount (IM)}} comprises the {{imcsdprov|Margin Amount (IM)}} — being the amou...")
 
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To follow the contorted logic here you have to keep in mind that the {{imcsdprov|Credit Support Amount (IM)}} comprises the {{imcsdprov|Margin Amount (IM)}} — being the amount actually required to be posted as [[regulatory initial margin]] under the relevant regulatory regime by the counterparty in question, and the {{imcsdprov|Margin Amount (IA)}}, which is any ''extra''  
To follow the contorted logic here you have to keep in mind that the {{imcsdprov|Credit Support Amount (IM)}} comprises the {{imcsdprov|Margin Amount (IM)}} — being the amount actually required to be posted as [[regulatory initial margin]] under the relevant regulatory regime by the counterparty in question, and the {{imcsdprov|Margin Amount (IA)}}, which is any ''extra'' [[initial margin]] — what in the old days we used to call an “{{csaprov|Independent Amount}}”
[[initial margin]] — what in the old days we used to call an “{{csaprov|Independent Amount}}”

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