Template:M comp disc 1995 CSA Independent Amount: Difference between revisions

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[[Independent Amount - CSA Provision|As]] of May 2020 this was the most popular page on this whole site. Even more popular than the one about [[Toto]]. And [[Rick Astley]]. Go figure, my little contrarians.  
[[Independent Amount - CSA Provision|As]] of May 2020 this was the most popular page on this whole site. Even more popular than the one about [[Toto]]. And [[Rick Astley]]. Go figure, my little contrarians.  


Perhaps you are seeking enlightenment about the '''{{imcsd}}'''? If so, brave chicklings, there is a nascent anatomy of it at [[2018_ISDA_Credit_Support_Deed_for_Initial_Margin|here]], and while there is not a lot in it, it has quite a lot about the {{imcsdprov|Margin Approach}} and related things, which is where that dismal document is at its most radically dismal.
Perhaps you are seeking enlightenment about the '''{{imcsd}}'''? If so, brave chicklings, there is a nascent anatomy of it '''[[2018_ISDA_Credit_Support_Deed_for_Initial_Margin|here]]''', and while there is not yet a lot in it — the [[JC]] has been assiduously avoiding the topic of [[regulatory initial margin]], as, what with lockdown, he fears it might push him over the edge — the JC has peeked over the rim a couple of times, and as a result it has quite a lot about the {{imcsdprov|Margin Approach}} and related things, which is where that dismal document is at its most ''radically'' dismal.


Anyhow, the only difference between the {{1994csa}} and the {{1995csa}} is the reference to {{csaprov|Base Currency Equivalent}} — maybe the Americans just assumed everything would be done in USD. There is no equivalent definition in the [[regulatory VM]] versions published in 2016, since they deal only with [[variation margin]] and not initial margin, though you will see if you follow what ''should'' be a broken link, there is a way of reverse-engineering an IM component back into a reg VM {{csa}} with some fancy footwork in the elections paragraph.
Anyhow, the only difference between the {{1994csa}} and the {{1995csa}} is the reference to {{csaprov|Base Currency Equivalent}} — maybe the Americans just assumed everything would be done in USD. There is no equivalent definition in the [[regulatory VM]] versions published in 2016, since they deal only with [[variation margin]] and not initial margin, though you will see if you follow what ''should'' be a broken link, there is a way of reverse-engineering an IM component back into a reg VM {{csa}} with some fancy footwork in the elections paragraph.

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