Template:Csa Regular Settlement Day summ: Difference between revisions

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(Created page with "Not entirely persuaded the {{{{{1}}}|Regular Settlement Day}} concept works as a piece of technology but doubt anyone would take the point. In Para {{{{{1}}}}}|3}} it keys off the day on which a demand is made, if made before the {{{{{1}}}|Notification Time}}, but the day later, if made after the {{{{{1}}}|Notification Time}}. {{Quote|“The same {{{{{1}}}|Local Business Day}} on which a demand for the Transfer of Eligible Credit Support (VM) or Posted Credit Support (V...")
 
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Not entirely persuaded the {{{{{1}}}|Regular Settlement Day}} concept works as a piece of technology but doubt anyone would take the point. In Para {{{{{1}}}}}|3}} it keys off the day on which a demand is made, if made before the {{{{{1}}}|Notification Time}}, but the day later, if made after the {{{{{1}}}|Notification Time}}.
Not entirely persuaded the {{{{{1}}}|Regular Settlement Day}} concept works as a piece of technology but doubt anyone would take the point. In Para {{{{{1}}}|3}} it keys off the day on which a demand is made, if made before the {{{{{1}}}|Notification Time}}, but the day later, if made after the {{{{{1}}}|Notification Time}}.


{{Quote|“The same {{{{{1}}}|Local Business Day}} on which a demand for the Transfer of Eligible Credit Support (VM) or Posted Credit Support (VM) is made...”}}
{{Quote|“The same {{{{{1}}}|Local Business Day}} on which a demand for the Transfer of Eligible Credit Support (VM) or Posted Credit Support (VM) is made...”}}


Does that work if the day on which a demand is made is not in fact a {{{{{1}}}|Local Business Day}}?
Does that work if the day on which a demand is made is not in fact a {{{{{1}}}|Local Business Day}}?

Latest revision as of 17:17, 26 March 2024

Not entirely persuaded the {{{{{1}}}|Regular Settlement Day}} concept works as a piece of technology but doubt anyone would take the point. In Para {{{{{1}}}|3}} it keys off the day on which a demand is made, if made before the {{{{{1}}}|Notification Time}}, but the day later, if made after the {{{{{1}}}|Notification Time}}.

“The same {{{{{1}}}|Local Business Day}} on which a demand for the Transfer of Eligible Credit Support (VM) or Posted Credit Support (VM) is made...”

Does that work if the day on which a demand is made is not in fact a {{{{{1}}}|Local Business Day}}?