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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. | 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=== | ===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. | *'''{{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. In the {{vmcsa}}, note both versions of the {{isdama}} azre provided for in the alternative. | ||
*'''Mid-market?''': A slight [[cognitive dissonance]]: It talks about your {{isdaprov|6(e)(ii)}} amount - which is generally your replacement cost, at your side of the market, but then goes on to say determined at the mid-market price... | *'''Mid-market?''': A slight [[cognitive dissonance]]: It talks about your {{isdaprov|6(e)(ii)}} amount - which is generally your replacement cost, at your side of the market, but then goes on to say determined at the mid-market price... | ||