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Gross Basis

In accounting, gross basis is a type of treatment whereby an entity accounts for, and recognizes/ presents, its financial statement...

Net Basis

The basis amount that results from adjusting the gross basis for net carry. Net carry is the actual coupon income...

Clearing Margin

A margin which is posted by a member of a clearinghouse (in a process called clearing) so as to ensure...

Gross Basis

A methodology which is used by an exchange clearinghouse to calculate the number of outstanding futures contracts in order to...