Template:M summ GMRA 4: Difference between revisions

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This provision says far less than its heft would suggest it does. In a nutshell:
[[Margin Maintenance - GMRA Provision|This provision]] says far less of any moment than its heft would suggest it does. In a nutshell:
*You can call for {{gmraprov|Margin}} if you have a {{gmraprov|Net Exposure}}, meaning the the amount the other party owes you — accounting for unpaid income and posted margin — is more than you owe it.  
*You can call for {{gmraprov|Margin}} if you have a {{gmraprov|Net Exposure}}, meaning the the amount the other party owes you — accounting for unpaid income and posted margin — is more than you owe it.  
*As long as you meet eligibility criteria, it is up to the person having to post margin to decide what to post ''except'' that the requester can ask for any outstanding margin it has posted back. This scenario should only happen where the {{gmraprov|Net Exposure}} inverts between margin calls. But anyway: if you’ve posted away, you can ask for it back. Otherwise, the other guy decides.  
*As long as you meet eligibility criteria, it is up to the person having to post margin to decide what to post ''except'' that the requester can ask for any outstanding margin it has posted back. This scenario should only happen where the {{gmraprov|Net Exposure}} inverts between margin calls. But anyway: if you’ve posted away, you can ask for it back. Otherwise, the other guy decides.