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Issuing Margin Call

Issuing Margin Call

A portfolio should be provided in the case of a margin call discrepancy and should include all the below details:
- Quantity of security
- Client
- Dirty Price of security
- Security ID
- Trade price
- Currency
- FX rate
- Haircut/Margin
- Loan or collateral indicator
- Accrued rebate
- Exposure including Haircut/Margin A margin call should be issued in the currency (or one of the currencies) set out in the initial agreement. Each counterparty should have the ability to agree a margin call via a Triparty agent or bilaterally, depending on the counterparty's agreed preference. Contract Compare systems should be used to ensure exposure, price, quantity and margins are in line. (IBP-166 UNDER ISLA REVIEW)


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