A 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 counterparty risks. In addition, the book addresses the design and benefits of central clearing, a recent development in attempts to control the rapid growth of counterparty risk. This uniquely practical resource serves as an invaluable guide for market practitioners, policy makers, academics, and students.
發表於2024-12-27
Counterparty Credit Risk and Credit Value Adjustment 2024 pdf epub mobi 電子書 下載
圖書標籤: 金融 信用 交易對手風險
2014-5
評分2014-5
評分comprehensive introduction to the concepts of credit risk, less or almost not mathematical contents,,,, insightful on the market conventions
評分2014-5
評分2014-5
Counterparty Credit Risk and Credit Value Adjustment 2024 pdf epub mobi 電子書 下載