Exposure - CSA Provision: Difference between revisions

Exposure - CSA Provision (view source)

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 {{fullanat|csa|Exposure|1995}}
-Note - cleverly, {{isdaprov|Exposure}} omits the mark-to-market exposure of the {{isdaprov|transaction}} comprising the {{csa}} itself, because that would entirely jigger things up: the {{tag|MTM}} of an ISDA including the CSA is, of course, more or less zero.
+{{nuts|2016 CSA|Exposure}}
+The total [[mark-to-market]] exposure under your {{isdama}} on a given day, not counting anything posted by way of [[credit support]]. That is, {{isdaprov|Exposure}} omits the [[mark-to-market]] exposure of the {{isdaprov|transaction}} comprising the {{csa}} itself, because that would entirely bugger things up: the {{tag|MTM}} of an ISDA including the CSA is, of course, more or less zero.
 ===Discussion===
 *'''{{isdaprov|Market Quotation}}? But I have a {{2002ma}}''':Note the references to {{isdaprov|Market Quotation}} and other {{1992ma}} specific things. If you are under a {{2002ma}}, these should be corrected. Of you could sign up to the [[2002 ISDA Master Agreement Protocol]] and that would do it for you.