Template:M summ GMSLA Buy-In: Difference between revisions

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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.  


You really want to go and have a look at clauses {{gmslaprov|9.3}} and {{gmslaprov|11.4}} of the {{gmsla}} to understand the buy in process. All the information is there. But, in a nutshell:
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}}}}
and<br>
{{Nutshell GMSLA 11.4}}}}


{{buy-in|gmslaprov}}
{{Gmsla deliverable and receivable securities capsule|gmslaprov}}