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A {{gmslaprov|buy in}} is the self-help process whereby a counterparty can settle a failing delivery itself, and charge it back to the failing counterparty. | [[Buy-In - GMSLA Provision|A]] {{gmslaprov|buy in}} is the self-help process whereby a counterparty can settle a failing delivery itself, and charge it back to the failing counterparty. | ||
To understand the buy in process you really want to go and have a look at clauses {{gmslaprov|9.3}} and — to work out what this means when calculating your [[mini close-out]], {{gmslaprov|11.4}} of the {{gmsla}} . All the information is there. But, in a nutshell: | |||
{{quote|{{Nutshell GMSLA 9.3 | {{quote|{{Nutshell GMSLA 9.3}}}} | ||
{{ | {{Gmsla deliverable and receivable securities capsule|gmslaprov}} |