collateralization in OTC markets
credit risk has traditionally been a feature of the OTC markets. there is always a chance that the party on the other side of an OTC trade will default. it is interesting that, in an attempt to reduce credit risk, the OTC market is now imitating the margining system adopted by exchanges with a procedure known as collateralization
请大家把缩略语OTC的全称告诉我噢~ 英文的... 谢谢!!
All margining systems require contract holders to post collateral to cover potential future exposures (generally measured over one business day). This procedure is known as collateralization in the OTC market.