Date-stamp loading
Status: Published
Version date: 27 June 2019 - onwards
    Version 1 of 1    

initial margin

means any collateral, other than variation margin, collected from or posted to an entity to cover the current and potential future exposure of a transaction or of a portfolio of transactions in the period needed to liquidate those transactions, or to re-hedge their market risk, following the default of the counterparty to the transaction or portfolio of transactions

Comparing proposed amendment...