Betekenis van:
margin call

Voorbeeldzinnen

1. Margin call
2. (the counterparty pays the margin call to the national central bank);
3. (the national central bank pays the margin call to the counterparty).
4. Let k = 0.5 % denote the trigger. In an earmarking system (I=1), a margin call is effected when:
5. Let τ be the time period between revaluations. The margin call base at time t + τ equals:
6. On 2 and 3 August 2004, the underlying assets are revalued, without resulting in any margin call for the transactions entered into on 28 and 29 July 2004.
7. The example is based on the assumption that, in the calculation of the need for a margin call, accrued interest on the liquidity provided is taken into account and a trigger point of 0,5 % of the liquidity provided is applied.
8. It is often referred to as the ‘Treaty of Rome’, as amended. Trigger point: a pre-specified level of the value of the liquidity provided at which a margin call is executed.
9. This implies that if the value, measured on a regular basis, of the underlying assets falls below a certain level, the NCB will require the counterparty to supply additional assets or cash (i.e. it will make a margin call).
10. Trigger point: a pre-specified level of the value of the liquidity provided at which a margin call is executed. Valuation date: the date on which the assets underlying credit operations are valued.
11. in the case of a non-life mutual or mutual-type association with variable contributions, any claim which it has against its members by way of a call for supplementary contribution, within the financial year, up to one half of the difference between the maximum contributions and the contributions actually called in, and subject to a limit of 50 % of the available solvency margin or the required solvency margin, whichever is the smaller.
12. In conclusion, conditions in the relevant markets are not such as to call in question the return to viability and they make possible an increase in the share of total sales and of the gross margin accounted for by services, as provided for in the restructuring plan.
13. A margin call is also needed on the second transaction since the adjusted market value of the underlying assets used in this transaction (EUR 44741520) is below the lower trigger level (EUR 44780672). The counterparty therefore provides EUR 270000 of Asset B with an adjusted market value of EUR 263143.
14. Variation margins (marking to market) The Eurosystem requires the haircut-adjusted market value of the underlying assets used in its liquidity-providing reverse transactions to be maintained over time. This implies that if the value, measured on a regular basis, of the underlying assets falls below a certain level, the national central bank will require the counterparty to supply additional assets or cash (i.e. it will make a margin call). Similarly, if the value of the underlying assets, following their revaluation, exceeds a certain level, the counterparty may retrieve the excess assets or cash.
15. In making this ruling, the Court again made it clear that Article 87(1) of the Treaty does not distinguish between measures of state intervention by reference to their causes or aims but defines them in relation to their effects. In the present case, a fortiori, the fact that decisions withholding approval may be appealed against before a national court cannot call into question the existence of a margin of discretion on the part of the national authorities in applying the ministerial approval grant criteria.