82,853
edits
Amwelladmin (talk | contribs) (Created page with "{{isda92prov|Settlement Amount}} only applies to {{isda92prov|Transaction}} terminations where {{isda92prov|Market Quotation}} is the nominated valuation methodology.") |
Amwelladmin (talk | contribs) No edit summary |
||
Line 1: | Line 1: | ||
{{isda92prov|Settlement Amount}} only applies to {{isda92prov|Transaction}} terminations where {{isda92prov|Market Quotation}} is the nominated valuation methodology. | {{isda92prov|Settlement Amount}} only applies to {{isda92prov|Transaction}} terminations where {{isda92prov|Market Quotation}} is the nominated valuation methodology. In the astoundingly unlikely circumstances<ref>Not remotely unlikely. Almost certain, in fact.</ref> that there is not a {{isda92prov|Reference Market-maker}} on the Lord’s green planet with the time, risk tolerance or general inclination to give you, a competitor, a series of firm quotes on your portfolio that she knows you have no interest in actually hitting — let alone ''four'' of the blighters — note that this provision converts {{isda92prov|Market Quotation}} into {{isda92prov|Loss}}. |