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

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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.
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.


{{buy-in}}
{{buy-in|gmslaprov}}

Revision as of 10:49, 7 June 2021

A 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 9.3 and 11.4 of the 2010 GMSLA to understand the buy in process. All the information is there.

  1. redirectGmsla deliverable and receivable securities capsule