marking to market

marking to market
Settling or reconciling changes in the value of futures contracts on a daily basis. Also refers to the practice of reporting the value of assets on a market rather than book value basis. Bloomberg Financial Dictionary
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The process of valuing open positions each evening at closing prices in order to determine that day's unrealised profit or loss. This process is carried out each evening by LCH in order to determine variation margin payments to be made the next business day. Dresdner Kleinwort Wasserstein financial glossary

Financial and business terms. 2012.

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