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Template:Csa fx haircut percentage: Difference between revisions
Template:Csa fx haircut percentage (view source)
Revision as of 19:34, 18 January 2020
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Amwelladmin (talk | contribs) (Created page with "{{fwmdtt|nickname=A provision that assuredly goes into the {{isia}} category. Relevant to the calculation of {{{{{1}}}prov|Value}} of a gentleman’s {{vm{{{1}}}prov|Credit Su...") |
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A provision that assuredly goes into the {{isia}} category. | |||
Relevant to the calculation of {{{{{1}}}prov|Value}} of a gentleman’s {{vm{{{1}}}prov|Credit Support Balance}}. An observation one might make here is that if you have a cash-only {{tag|CSA}} and as long as you only accept the {{{{{1}}}prov|Major Currencies}}, then this entire Rube Goldberg provision is unnecessary: The {{{{{1}}}prov|Valuation Percentage}} will (most likely) be 100%, the {{{{{1}}}prov|FX Haircut Percentage}} will be zero, so the definition of value that these definitions feed into amounts to the following: | Relevant to the calculation of {{{{{1}}}prov|Value}} of a gentleman’s {{vm{{{1}}}prov|Credit Support Balance}}. An observation one might make here is that if you have a cash-only {{tag|CSA}} and as long as you only accept the {{{{{1}}}prov|Major Currencies}}, then this entire Rube Goldberg provision is unnecessary: The {{{{{1}}}prov|Valuation Percentage}} will (most likely) be 100%, the {{{{{1}}}prov|FX Haircut Percentage}} will be zero, so the definition of value that these definitions feed into amounts to the following: | ||
:The amount (call it ''n'') ''multiplied by'' the sum of 100% ''minus'' zero%, ''or'' | :The amount (call it ''n'') ''multiplied by'' the sum of 100% ''minus'' zero%, ''or'' | ||