Standard settlement time - GMSLA Provision: Difference between revisions

Standard settlement time - GMSLA Provision (view source)

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-Well, not strictly speaking a {{gmsla}} provision - more a textual reference, in clauses {{gmslaprov|8.1}} the "standard settlement time" is not defined in the {{gmsla}} but worth mentioning that, having recalled a {{gmslaprov|Loan}}, a {{gmslaprov|Lender}} must allow at least a standard settlement cycle to get the securities back. Which stands to reason if you think about it. A Borrower who terminates the loan can send them back immediately - it being harder (but in my experience not impossible) to take ''yourself'' by surprise.
+{{gmslaanat|8.1}}
+Well, not strictly speaking a {{gmsla}} provision — more a textual reference, in clauses {{gmslaprov|8.1}} the "{{gmslaprov|standard settlement time}}" is not defined in the {{gmsla}} but worth mentioning that, having recalled a {{gmslaprov|Loan}}, a {{gmslaprov|Lender}} must allow at least a standard settlement cycle to get the securities back. Which stands to reason if you think about it. A Borrower who terminates the loan can send them back immediately - it being harder (but in my experience not impossible) to take ''yourself'' by surprise.
-{{nuts|GMSLA|8.1}}
+{{seealso}}
+*Standard {{eqderivprov|Settlement Cycle}} in the world of [[equity derivatives]].
-===See also ===
-*Standard {{eqderivprov|Settlement Cycle}} in the world of equity derivatives.
-{{anat|gmsla}}