> ## Documentation Index
> Fetch the complete documentation index at: https://docs.activeviam.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Worst of Calculation

For each Netting Set and for each of the [Post and Collect](./post-and-collect-modes) modes, the initial margin requirement is defined as the most conservative result across [applicable regulations](./applicable-regulations):

$WorstOf = \max\limits_{{reg \in applicable\  regulations}}SIMM_{reg} + AdditionalMargin_{reg} + ScheduleMargin_{reg}$