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Valuation Date Location - VM CSA Provision: Difference between revisions
Valuation Date Location - VM CSA Provision (view source)
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{{csaanat|Valuation Date Location|2016}} | {{csaanat|Valuation Date Location|2016}}The place where each Party is located, in essence. You exchange [[variation margin]] on every business day for both parties, so each must specify its own {{vmcsaprov|Valuation Date Location}} to work out whether it can expect to receive, or have to puny up, margin. A simple concept made paralysingly convoluted by ISDA’s yen to over-determination. | ||