Variation Margin

Payment made on a daily or intraday basisThe total amount paid for a property, including equity capital and the amount of debt incurred. For by a clearing memberA member of a clearing organization. All trades of a non-clearing member must be processed and eventually to the clearing organizationAn entity through which futures and other derivative transactions are cleared and settled. It is also based on adverse priceThe dollar amount that was offered, asked, or actually paid for a property. movement in positions carried by the clearingThe procedure through which the clearing organization becomes the buyer to each seller of a futures memberAn enrollee, beneficiary, or insured. A member includes people who enroll or subscribe to a health insurance, calculated separately for customerUser of health care services, such as patients getting care or providers getting support services from and proprietary positions.