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Buy-In - GMSLA Provision: Difference between revisions
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====Commentary==== | ====Commentary==== | ||
A buy in is the self-help process whereby a counterparty can settle a failing delivery itself, and charge it back to the failing counterparty. You really want to go and have a look at clause {{gmslaprov|11.4}} of the {{gmsla}} to understand the buy in process. All the information is there. | A buy in is the self-help process whereby a counterparty can settle a failing delivery itself, and charge it back to the failing counterparty. You really want to go and have a look at clause {{gmslaprov|11.4}} of the {{gmsla}} to understand the buy in process. All the information is there. | ||
{{buy-in}} | |||
====See Also==== | ====See Also==== | ||
{{gmslaanatomy}} | {{gmslaanatomy}} | ||