Variation Margin means, in connection with an outstanding futures contract owned or sold by the Corporation, the amount of cash or securities paid to or received from a broker (subsequent to the Initial Margin payment) from time to time as the price of such futures contract fluctuates.
Variation Margin means margins collected or paid out to reflect current exposures resulting from actual changes in market prices;
Variation Margin means the collateral collected by a counterparty to reflect the results of the daily marking-to-market or marking-to-model of outstanding contracts referred to in Article 11(2) of Regulation (EU) No 648/2012;
Examples of Variation Margin in a sentence
The Variation Margin requirements calculated and published by Zero Hash on a particular day are used by each Transaction Platform according to its respective rules and procedures.
Variation Margin and Final Settlement may be transferred directly to (from) Participant's Available Account from (to) Counterparty's Available Account, increasing (decreasing) the Available Account for Participant.
Zero Hash will calculate and publish Variation Margin requirements for Transaction Platform Contracts on the Zero Hash System after the close of each trading day, or as will be stated in the relevant Transaction Platform rules or agreement.
More Definitions of Variation Margin
Variation Margin means cash funds required when the net marked to market value of all open Orders exceeds 10%, or an alternative percentage or fixed amount as AFEX may advise, of the notional value of all open Orders.
Variation Margin means, in respect of every Product for each trading day, a reasonable estimate of the market value of such Product as determined by Exchange, in its sole discretion, considering the reasonable estimation of the current market value using internal and external sources for each Product. Should the Contracting Party dispute such determination, Exchange will investigate and determine, in its sole discretion, whether or not a recalculation should be undertaken and will advise the Contracting Party of its decision as soon as reasonably practicable.
Variation Margin means, in connection with an outstanding futures contract or option thereon owned or sold by the Trust, the amount of cash or securities paid to or received from a broker (subsequent to the Initial Margin payment) from time to time as the price of such futures contract or option fluctuates.
Variation Margin means, in respect of every Product for each trading day, a reasonable estimate of the market value of such Product as determined by Exchange, in its sole discretion, considering the reasonable estimation of the current market value using internal and external sources for each Product. Should the
Variation Margin means that the Funds that are required as additional security from the Clients to supplement the Initial Margin if there is an adverse movement in the price of Transaction.
Variation Margin means the additional margin required from the Client to cover adverse exchange rate movements relating to existing Forward Trades.