liquidation period
Definitions over time (1)
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15/03/2013 – 15/06/2016 Article 1, Commission Delegated Regulation (EU) No 153/2013 Scope: Whole act
For the purposes of this Regulation, the following definitions apply:
‘liquidation period’ means the time period used for the calculation of the margins that the CCP estimates necessary to manage its exposure to a defaulting member and during which the CCP is exposed to market risk related to the management of the defaulter’s positions;
Other definitions of this term in this act (1)
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