Template:M summ 2018 CSD 3(c)(ii)

Revision as of 19:02, 4 March 2021 by Amwelladmin (talk | contribs) (Created page with "{{quote|“... a posting obligation of a Chargor, the Base Currency Equivalent of an amount equal to the sum of the Independent Amounts (as def...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

“... a posting obligation of a Chargor, the Base Currency Equivalent of an amount equal to the sum of the Independent Amounts (as defined in any Other CSA) applicable to the Chargor and any other amounts applicable to the Chargor (other than any amounts in respect of Margin Amount (IM) or Exposure), however described, intended by the parties to operate as an Independent Amount ...”

This is the organisation that wants to standardise all financial products across the market, readers.

What a world we live in.