A derivative contract/ instrument that the out-of-the-money counterparty (losing counterparty or party with the loss position) is required under which...

A derivative contract/ instrument that the out-of-the-money counterparty (losing counterparty or party with the loss position) is required under which...

It stands for collateral to market derivative (collateralized to market derivative); a derivative contract/ instrument that the out-of-the-money counterparty (losing...