Original Margin means 3.00 per cent. per annum together with any increase to such Margin pursuant to paragraph 14(a) above.
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.
Examples of Original Margin in a sentence
Changes to Original Margin rates will be notified to Clearing Members by Circular.
The Clearing House will review Original Margin rates on a periodic and ad hoc basis.
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.
If, on aggregate, a Clearing Member’s Original Margin is greater than three times the Clearing Member’s Capital, the Clearing House may require that further Capital (or substitute Capital) be put in place by the Clearing Member.
More Definitions of Original Margin
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 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 deposits required by Nadex Clearing in connection with the initiation of a Contract.
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.
Original Margin means an amount sufficient to cover at all times the maximum possible loss such Participant could incur upon liquidation or expiration of its positions.
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, as 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.