Template:Gmsla 11.4 summ: Difference between revisions

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If the {{{{{1}}}|Non-Defaulting Party}} has actually sold securities {{gmslaprov|equivalent}} to those it lent, in can treat the price it got as the {{{{{1}}}|Default Market Value}}. If it hasn’t, it must get two or more reference [[market maker]] [[quotation]]s and average those.
If the {{{{{1}}}|Non-Defaulting Party}} has actually sold securities {{gmslaprov|equivalent}} to those it lent, in can treat the price it got as the {{{{{1}}}|Default Market Value}}. If it hasn’t, it must get two or more reference [[market maker]] [[quotation]]s and average those.


{{Gmsla deliverable and receivable securities capsule|{{{1}}}}}
{{Gmsla deliverable and receivable securities capsule|gmslaprov}}