Margin Amount definition
Examples of Margin Amount in a sentence
The Clearing House shall, at least once on each business day, notify each Clearing Member of the Required Margin Amount and the Total Required Margin Amount.
For the avoidance of doubt, for the purposes of determining whether there is an excess collateral value (for the purposes of this Section 1.1.2) at the time of the Clearing Member’s request, the Clearing Member’s Total Required Margin Amount shall not include the amounts of any margin requirements from the Clearing Member to the Clearing House (whether or not demanded of the Clearing Member) in respect of which the time for performance has not occurred at the time of such request.
A natural person who is either employed by or is an agent of a Clearing Member and who is authorized by the Clearing House as an Authorized User in accordance with Rule 3.8. Base Margin Amount has the meaning set forth in Rule 3.34.1(c).
The resulting quotient shall be multiplied by the Base Guaranty Fund Amount, and the Clearing Member’s Base Margin Amount shall be equal to the resulting product.
For this purpose, "Default Margin Amount" means the amount, calculated in the Base Currency of the aggregate value as at the relevant Liquidation Date (as determined by us) of the Transferred Margin.