Close out: Difference between revisions

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{{a|negotiation|}}The apocalyptic act of bringing your derivative relationship with your counterparty to an unscheduled conclusion.  
{{essay|negotiation|closeout|}}The apocalyptic act of bringing your derivative relationship with your counterparty to an unscheduled conclusion.  


Usually, this will only happen in a time of utter market panic. In this way the circumstances in which your trading arrangement expires could scarcely be further from the atmosphere of cool tedium which prevailed when you began it.
Usually, this will only happen in a time of utter market panic. In this way the circumstances in which your trading arrangement expires could scarcely be further from the atmosphere of cool tedium which prevailed when you began it.