Jan

13

2021

The xVA Challenge - Counterparty Risk, Funding, Collateral, Capital and Initial Margin, 4th Edition

adteam 13 Jan 2021 20:25 LEARNING » e-book


The xVA Challenge - Counterparty Risk, Funding, Collateral, Capital and Initial Margin, 4th Edition


The xVA Challenge - Counterparty Risk, Funding, Collateral, Capital and Initial Margin, 4th Edition



Description:

A thoroughly updated and expanded edition of the xVA challenge
The period since the global financial crisis has seen a major re-appraisal of derivatives valuation, generally expressed in the form of valuation adjustments ('xVAs'). The quantification of xVA is now seen as fundamental to derivatives pricing and valuation. The xVA topic has been complicated and further broadened by accounting standards and regulation. All users of derivatives need to have a good understanding of the implications of xVA. The pricing and valuation of the different xVA terms has become a much studied topic and many aspects are in constant debate both in industry and academia. 
• Discussing counterparty credit risk in detail, including the many risk mitigants, and how this leads to the different xVA terms
• Explains why banks have undertaken a dramatic reappraisal of the assumptions they make when pricing, valuing and managing derivatives
...


High Speed Download

Add Comment

  • People and smileys emojis
    Animals and nature emojis
    Food and drinks emojis
    Activities emojis
    Travelling and places emojis
    Objects emojis
    Symbols emojis
    Flags emojis