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What is haircut? How to deal with haircut in negative asset? Newbie needs help.
I have no experience in trading but I need to figure out this basic trading problem regarding haircut. I really need help. Say a company owes 500 USD market value of BRL, but also possess 1000 USD worth of GBP. The haircut for GBP is 6%, while the haircut for BRL is 20%. What is the USD worth...