000 07082cam a2200925 a 4500
005 20250919132328.0
006 m o d
007 cr |n|||||||||
008 190918s2012 nju ob 001 0 eng
010 _a2012-025056
016 7 _a016082245
_2Uk
020 _a9781118316641
_q(MobiPocket)
020 _a1118316649
_q(MobiPocket)
020 _a9781118316658
_q(Adobe PDF)
020 _a1118316657
_q(Adobe PDF)
020 _a9781118316665
_q(ePub)
020 _a1118316665
_q(ePub)
020 _a9781118673638
_q(electronic bk.)
020 _a1118673638
_q(electronic bk.)
020 _z9781118316672
_q(cloth)
020 _z1118316673
029 1 _aAU@
_b000049549048
029 1 _aAU@
_b000052907994
029 1 _aCHNEW
_b000622569
029 1 _aDEBBG
_bBV040869942
029 1 _aDEBBG
_bBV042744380
029 1 _aDEBSZ
_b397258968
029 1 _aDEBSZ
_b449291200
029 1 _aDKDLA
_b820120-katalog:000600255
029 1 _aNZ1
_b14976688
029 1 _aDEBBG
_bBV043394614
035 _a(OCoLC)795909525
_z(OCoLC)820621437
_z(OCoLC)852429379
_z(OCoLC)870670370
_z(OCoLC)880888936
035 _a(OCoLC)ocn795909525
037 _aCL0500000236
_bSafari Books Online
037 _aEFA78074-361F-4656-BE13-8328C8BD3CE5
_bOverDrive, Inc.
_nhttp://www.overdrive.com
039 9 _a201911011503
_bemilda
_y09-18-2019
_zhafiz
_wUKM UBCM Wiley MARC (363 titles).mrc
_x169
040 _aDLC
_beng
_epn
_cDLC
_dYDX
_dNST
_dUKMGB
_dYDXCP
_dMHW
_dE7B
_dEBLCP
_dCDX
_dB24X7
_dDG1
_dSTF
_dUMI
_dUBY
_dTEFOD
_dOCLCF
_dDEBSZ
_dMBB
_dUKDOC
_dAU@
_dS9I
_dOCLCA
_dTEFOD
_dOCLCQ
_dCOO
_dOCLCQ
_dDEBBG
_dLOA
042 _apcc
049 _aMAIN
050 0 0 _aHG6024.A3
072 7 _aBUS
_x036000
_2bisacsh
082 0 0 _a332.64/57
_223
100 1 _aGregory, Jon,
_d1971-
245 1 0 _aCounterparty credit risk and credit value adjustment :
_ba continuing challenge for global financial markets /
_cJon Gregory.
250 _a2nd ed.
264 1 _aHoboken, N.J. :
_bWiley,
_c2012.
300 _a1 online resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
490 1 _aWiley finance
504 _aIncludes bibliographical references and index.
505 0 _aCounterparty Credit Risk and Credit Value Adjustment: A Continuing Challenge for Global Financial Markets; Contents; Acknowledgements; List of Spreadsheets; List of Appendices; SECTION I: INTRODUCTION; 1 Introduction; 2 Background; 2.1 Introduction; 2.2 Financial risk; 2.2.1 Market risk; 2.2.2 Credit risk; 2.2.3 Liquidity risk; 2.2.4 Operational risk; 2.2.5 Integration of risk types; 2.3 Value-at-Risk; 2.3.1 Definition; 2.3.2 The dangers of VAR; 2.3.3 Models; 2.3.4 Correlation and dependency; 2.4 The derivatives market; 2.4.1 Uses of derivatives; 2.4.2 Exchange-traded and OTC derivatives.
505 8 _a2.4.3 Risks of derivatives2.4.4 Too big to fail and systemic risk; 2.4.5 Credit derivatives; 2.5 Counterparty risk in context; 2.5.1 The rise of counterparty risk; 2.5.2 Counterparty risk and CVA; 2.5.3 Mitigating counterparty risk; 2.5.4 Counterparty risk and central clearing; 2.6 Summary; 3 Defining Counterparty Credit Risk; 3.1 Introducing counterparty credit risk; 3.1.1 Counterparty risk versus lending risk; 3.1.2 Settlement and pre-settlement risk; 3.1.3 Exchange-traded derivatives; 3.1.4 OTC-traded derivatives; 3.1.5 Repos and securities lending; 3.1.6 Mitigating counterparty risk.
505 8 _a3.1.7 Counterparty risk players3.2 Components and terminology; 3.2.1 Credit exposure; 3.2.2 Default probability, credit migration and credit spreads; 3.2.3 Recovery and loss given default; 3.2.4 Mark-to-market and replacement cost; 3.2.5 Mitigating counterparty risk; 3.3 Control and quantification; 3.3.1 Credit limits; 3.3.2 Credit value adjustment; 3.3.3 CVA or credit limits?; 3.3.4 What does CVA represent?; 3.3.5 Hedging counterparty risk; 3.3.6 Portfolio counterparty risk; 3.4 Summary; SECTION II: MITIGATION OF COUNTERPARTY CREDIT RISK.
505 8 _a4 Netting, Compression, Resets and Termination Features4.1 Introduction; 4.1.1 The origins of counterparty risk; 4.1.2 The ISDA master agreement; 4.2 Netting; 4.2.1 Payment netting; 4.2.2 The need for closeout netting; 4.2.3 Closeout netting; 4.2.4 Netting sets and subadditivity; 4.2.5 The impact of netting; 4.2.6 Product coverage; 4.3 Termination features and trade compression; 4.3.1 Reset agreements; 4.3.2 Additional termination events; 4.3.3 Walkaway features; 4.3.4 Trade compression and multilateral netting; 4.4 Conclusion; 5 Collateral; 5.1 Introduction; 5.1.1 Rationale for collateral.
505 8 _a5.1.2 Analogy with mortgages5.1.3 The basics of collateralisation; 5.1.4 Collateral usage; 5.1.5 The credit support annex; 5.1.6 Impact of collateral; 5.2 Collateral terms; 5.2.1 Valuation agent; 5.2.2 Types of collateral; 5.2.3 Coverage of collateralisation; 5.2.4 Disputes and reconciliations; 5.2.5 Margin call frequency; 5.2.6 Haircuts; 5.2.7 Coupons and interest payments; 5.2.8 Substitution, funding costs and rehypothecation; 5.3 Defining the amount of collateral; 5.3.1 Types of CSA; 5.3.2 Linkage of collateral parameters to credit quality; 5.3.3 Threshold; 5.3.4 Independent amount.
505 8 _a5.3.5 Minimum transfer amount and rounding.
520 _aA practical guide to counterparty risk management and credit value adjustment from a leading credit practitioner Since the collapse of Lehman Brothers and the resultant realization of extensive counterparty risk across the global financial markets, the subject of counterparty risk has become an unavoidable issue for every financial institution. This book explains the emergence of counterparty risk and how financial institutions are developing capabilities for valuing it. It also covers portfolio management and hedging of credit value adjustment, debit value adjustment, and wrong-way counterpar.
588 0 _aPrint version record and CIP data provided by publisher.
650 0 _aDerivative securities
_xMathematical models.
650 0 _aRisk management.
650 4 _aDerivative securities
_xMathematical models.
650 7 _aBUSINESS & ECONOMICS
_xInvestments & Securities
_xGeneral.
_2bisacsh
650 7 _aDerivative securities
_xMathematical models.
_2fast
_0(OCoLC)fst00891026
650 7 _aRisk management.
_2fast
_0(OCoLC)fst01098164
655 4 _aElectronic books.
655 7 _aElectronic books.
_2local
700 1 _aGregory, Jon,
_d1971-
_tCounterparty credit risk.
773 0 _tWiley e-books
776 0 8 _iPrint version:
_aGregory, Jon, Ph. D.
_tCounterparty credit risk and credit value adjustment.
_b2nd ed.
_dHoboken, N.J. : Wiley, 2012
_z9781118316672
_w(DLC) 2012023249
830 0 _aWiley finance series.
856 4 1 _uhttps://eresourcesptsl.ukm.remotexs.co/user/login?url=https://doi.org/10.1002/9781118673638
_zWiley Online Library
907 _a.b16756642
_b2022-11-08
_c2019-11-12
942 _n0
914 _avtls003651321
998 _ae
_b2019-05-09
_cm
_dz
_feng
_gnju
_y0
_z.b16756642
999 _c643551
_d643551