The Nuts and Bolts of Margining and Standby Letters of Credit

Location

Fort Lauderdale, FL
United States

Date
October 4, 2015
Type
Presentation
Event Type
Annual Conference
Presenters
Kevin Page
Description

The goal of this session is to highlight the basics of collateral margining in commodity trading agreements, including how calculations typically are made, common types of collateral exchanged, and practical issues to consider when negotiating margining structures. Page also explores the fundamentals of standby letters of credit and discusses considerations unique to using letters of credit as collateral in margining agreements.