Pay Collect
Definition
A shorthand method of referring to the payment of a loss (pay) and receipt of a gain (collect) by a clearing member to or from a clearing organization that occurs after a futures position has been marked-to-market. See Variation Margin.
Related Terms Other terms related to 'Pay Collect' starting with the letter 'P' Put, Pit Brokers, Position, Position Accountability, Pegged Price Browse by Letter » A B C D E F G H I J K L M N O P Q R S T U V W Y Z
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