Original Margin means, with respect to any date, the difference between (i) the aggregate Market Value of all Purchased Loans held by the Buyer on such date, determined as of the most recent Purchase Date, and (ii) the Purchase Price paid by the Buyer for all such Purchased Loans on such Purchase Date.
Original Margin means, with respect to a Clearing Member, the minimum deposit required from such Clearing Member, in accordance with the Rules, in respect of Contracts in the accounts of such Clearing Member.
Original Margin means 3.00 per cent. per annum together with any increase to such Margin pursuant to paragraph 14(a) above.
Examples of Original Margin in a sentence
The Clearing House will review Original Margin rates on a periodic and ad hoc basis.
Changes to Original Margin rates will be notified to Clearing Members by Circular.
The Clearing House monitors the relationship between Capital and outstanding Original Margin obligations of Clearing Members.
Liabilities resulting from Original Margin requirements will be included in the overnight call or return.
The Clearing House may impose a "haircut" on any Original Margin provided in a currency other than the reference currency to cover fluctuations in exchange rates.
More Definitions of Original Margin
Original Margin. – means the margin payable by Clearing Participants to the Corporation for the Futures and Options positions held in all accounts, based on the applicable margin rates. and calculated using the Standard Portfolio Analysis of Risk (SPAN®1)
Original Margin means the amount of Margin Eligible Assets required to be on deposit with the Clearinghouse pursuant to Rule V-1(a).
Original Margin means Margin deposited with or held by a Clearing Organization in accordance with Section 5 of this Agreement to secure certain obligations of a Cross-Margining Participant to such Clearing Organization.
Original Margin means the collateral collected by a Clearing House
Original Margin means and includes, irrespective of the terminology used in the Rules of a Clearing House, original margin, spread margin and additional margin. For the avoidance of doubt, Original Margin does not include Variation Margin, Option Premiums or additional deposits required to be made to the guaranty or clearing fund of a Clearing House.
Original Margin means the difference, expressed in basic points, between (a) yield-to-maturity of the Mexican Bond published in page BTMMMX (go) of the Bloomberg information system and (b) yield-to-maturity of the series of United States Treasury Bonds published in page PX1 (go) of the Bloomberg information system, with maturity date closer to the Mexican Bond, at the close of the Banking Day immediately before the date when the Bid is submitted.