margin - money or securities deposited by a client with a stockbroker as security against the client's failure to pay for deals (called 'deals on margin') about to be made for him by the stockbroker
Aruandes ei kajastata lepinguid (nt futuurid), millega kaubeldakse tuntud börsidel, kus tehingu pooltelt nõutakse tehingu teostamiseks rahalist tagatist (margin requirements).
It is appropriate that competent authorities may allow margin requirements for exchange-traded futures and options, and on a transitional basis for cleared over-the-counter derivatives of the same nature, to be used as substitutes for the capital requirement calculated for such instruments in accordance with this Directive, provided that this does not lead to a capital requirement which is lower than the capital requirement calculated according to the other methods prescribed in this Directive.
