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Posts tagged "default"
How default is handled on both sides of a forward contract.
A risk-desk walkthrough of the symmetric default waterfall on a Rillor forward, showing exactly who is protected by what when either side fails to perform.
What a seller performance bond covers, and what it does not.
A bond is the seller's skin in the game on the delivery month. Here is exactly what it backstops, what it leaves to other clauses, and why bonded supply quotes tighter.