Common use of Calculation of Variation Margin Clause in Contracts

Calculation of Variation Margin. 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. 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.

Appears in 4 contracts

Samples: Services Agreement, Services Agreement, Services Agreement

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