...
- Margin Approval Frequency
Daily: a payable or receivable is created for each day since last approvalAccumulated: a single payable or receivable for the net VM since last approval
Variation Margin: V17
...
R2 & Above
VM settlement date can be calculated based on a calendar linked to a security's exchange, using Add Exchange Calendar Relationship. This is especially valuable if you do not use entity-level calendars in Accounting. If you do, it will override the entity-level calendar. Once configured, the calculation of each day's VM cash settlement date - for all securities traded on a given exchange - will use the calendar linked to that exchange.
...