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Exact(10)
The firm ended up making burdensome margin payments for just those reasons.
The energy traders we did hear from were mostly concerned with minimising their margin payments.
As a result, if it collapsed, the counterparty could keep the margin payments.
This may involve higher margin payments or a bigger "haircut" shaved off the value of assets pledged as collateral.
This is supposed to strengthen the derivatives markets, because the clearinghouses will force participants to back their trades with margin payments made in cash or very safe securities.
That is a crucial issue, because regulators are planning to demand much higher margin payments on derivatives that are not centrally cleared.
Similar(49)
Steve's complaint was that he had not agreed for deductions to be made for the employer's NI contributions, pension contributions and a "margin payment" (PayStream's charge), and that holiday pay was "rolled up" into his pay, which can mean that when annual leave is taken, the worker is not paid.
Mr. Kerviel, this person said, had reported a large DAX futures trade that morning with a small German lender, Baader Bank, which would have required Baader to make a margin payment to Société Générale that would have exceeded Baader's credit limit.
In terms of acquisitions, the idea will be not to move into new product categories like e-commerce but to add value to the basic, low-margin payments service by way of more services that enhance the experience.
Margins are payments traders must make to ensure their obligations are met.
"Yes and no," says Geer. "It's fair to say that there are other products with better margins [than payments] but still I would say that the current product has really taken us to a position where we can decide whether we would want to be profitable or whether we want to continue growing, obviously with a loss.
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