Template:M comp disc 2002 ISDA Close-out Amount: Difference between revisions

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{{isdacomparison}}
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{{icds}} introduced the {{isdaprov|Close-out Amount}} into the {{2002ma}} to correct the total trainwreck of a close-out methodology set out in the {{1992ma}}. In the “good old days”, you valued {{isdaprov|Terminated Transaction}}s were valued according to {{isdaprov|Market Quotation}} or {{isdaprov|Loss}} and those un-intuitive and — well, flat-out ''nutso'' — [[First Method - ISDA Provision|First]] and [[Second Method - ISDA Provision|Second Methods]].
{{icds}} introduced the {{isdaprov|Close-out Amount}} into the {{2002ma}} to correct the total trainwreck of a close-out methodology set out in the {{1992ma}}. In the “good old days”, you valued {{isdaprov|Terminated Transaction}}s were valued according to {{isdaprov|Market Quotation}} or {{isdaprov|Loss}} and those un-intuitive and — well, flat-out ''nutso'' — [[First Method - ISDA Provision|First]]and [[Second Method - ISDA Provision|Second ]]” Methods.