Template:Csa Regular Settlement Day comp: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
No edit summary
 
(No difference)

Latest revision as of 15:25, 26 March 2024

Regular Settlement Day” in the 2016 VM CSA takes over from “Settlement Day” in the 1995 CSA. Cash moves same day, rather than next day, so is pretty bracing for those with lax collateral ops teams.

Should we talk about how there is also a separate definition of Settlement Day in the 2016 VM CSA that does something entirely different? I guess we probably should, but we’re not going to, since it just makes me sad.