London Stock Exchange Group and Loss-sharing rule: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Doug Williamson (Create the page. Source: LSEG webpage http://www.lseg.com/about-london-stock-exchange-group/history) |
imported>Doug Williamson (Layout.) |
||
| Line 1: | Line 1: | ||
An agreement between participants in a transfer system or clearing house arrangement regarding the allocation of any loss arising when one or more participants fail to fulfil their obligation. | |||
The | The arrangement stipulates how the loss will be shared among the parties concerned in the event that the agreement is activated. | ||
Also known as Loss-sharing agreement. | |||
== See also == | == See also == | ||
* [[ | * [[Loss]] | ||
* [[ | * [[Transfer]] | ||
Revision as of 22:49, 22 November 2016
An agreement between participants in a transfer system or clearing house arrangement regarding the allocation of any loss arising when one or more participants fail to fulfil their obligation.
The arrangement stipulates how the loss will be shared among the parties concerned in the event that the agreement is activated.
Also known as Loss-sharing agreement.
