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Market risk can be contrasted with [[credit risk]]: the risk that the counterparty with whom you have entered a transac ...many ways, pull in opposite directions: a fellow who is [[out-of-the-money|taking a bath]] on his ''market'' risk won’t be too fussed if {{sex|his}} [[coun

...idiary/associated risks so what is left is what you are seeking return for taking. So, of an investment: *minimise counterparty credit risk

...weigh in on things that are not to do with you; a means of taking personal credit for things you have not done, avoiding individual responsibility for things

...[[broker-dealer]] or [[investment bank]] without its own built-in deposit-taking bank — like Goldman Sachs International — you are an [[Investment Firm/

...whom you forward awkward queries you can’t be bothered reading, let along taking the time to understand. You may never how much a lawyer resents that to-all ...for decisions made once they have safely borne fruit, not from taking a [[taking a view|view]]''.</ref>.

...il, the [[client money distribution and transfer rules]] will not apply to credit balances and so the client will not share in any distribution under those r ...ulated, officially permissioned<ref>In its own jurisdiction.</ref> deposit-taking institution. But of course it is too easy to just say that.

...that it warrants ''relaxing'' the firm’s ordinary, prudent, [[Credit risk|credit]] and [[market risk]] standards to the point of meaninglessness, on the pre ...''n big size''. It takes more risk. A ''LOT'' MORE RISK. A ''big'' client, taking ''big'' risks in ''big'' size, poses a ''big'' risk to its counterparties.

| '''Independence''' || Is it independent of any other credit support arrangement between beneficiary and obligor?|| | '''Demand process'''|| May beneficiary demand without first taking steps vs the obligor?||

...lto:enquiries@jollycontrarian.com Drop me a line] if you are interested in taking up the cudgels — I like a good debate and I’m always prepared to be edu ...here you have found on here that you like, it would only be [[cricket]] to credit the site, with a link. If you use my material for commercial purposes I thi

(i) the counterparty is a credit institution listed in sub-paragraphs 1.4 (i), (ii) or (iii) of Notice UCITS ...terparty which is not a credit institution, the counterparty has a minimum credit rating of A-2 or equivalent, or is deemed by the UCITS to have an implied r

Usually, therefore, it is a means of taking out a swathe of mid-ranking [[subject matter experts]]. We of the [[Morloc ...ncy is one thing, but over what period should we measure superfluity? If [[Credit Suisse]] is any guide, it is [[Archegos|something like ''250 years'']].

...ill be settling the transaction directly with the [[executing broker]] and taking delivery of the security on my behalf, under our [[margin loan]]. That’s ...a [[margin loan]] to the client can buy some shares. ''Where the client is taking synthetic exposure to the shares'': The [[PB]] uses the treasury funds to b

...es a unit to curate its own specialist knowledge (be it compliance, legal, credit, tax or whatever, and only allows a sufficiently senior team member to esca

...btly changing it into a [[contractual liability]] (not a regulated deposit taking activity), and not a kind of [[bailment]], which is what the client money r *[[credit risk mitigation]]

...value of the company’s assets is less than the amount of its liabilities, taking into account its contingent and prospective liabilities. <ref>This is “[[ ...increase or reduction by order under section 416 in Part XV.</div>}}}}A [[credit officer]]’s blackest fear.

Into the oubliette you will go, taking the whole negotiation with you, the moment anyone proposes to accommodate a ...d on transactions under that one. A simple enough concept, and a prudent [[credit mitigation]] tool, even if it is rarely<ref>Um, ''ever''.</ref> used in pra

*[[Synthetic prime brokerage]]: By taking a short position under a [[synthetic equity swap]] or a [[total return swap *Selling a [[credit derivative]] on an issuer’s reference indebtedness is a reasonably good p

...pically the sell-side dealers provide market exposure to customers without taking a market position themselves.<li> ...the market is getting better at managing the stress of dealer failures ([[Credit Suisse]] caused a lot less dislocation than did [[Lehman]]), and in truth [

{{a|tech|{{image|Credit department|jpg|The credit department at a point before or after the [[singularity]] (we are not sure Isn’t all this angst about the latest generation chatbots taking our jobs a little overdone? I mean, really: are they going to take the ''go

Usually taking the form of a survey question along the lines “on a scale of 1-10, [[how It is hard to credit that information given under protest but still for free at the end of meani

...“the effectiveness and integration of European financial markets, reducing credit losses and thereby stimulating cross-border transactions and competitivenes ...cence to busily ''do'' something, thereby ostensibly “adding value” whilst taking zero risk, because in reality it didn’t need to be done, and didn’t add

:(C) the appointment of or taking possession by a trustee in a case under this title or a custodian before su ...ures, since the economic point of the deal is for the noteholder to sell [[credit protection]] to the swap counterparty — so that [[CDO]] noteholders would

.../www.credit-suisse.com/about-us/en/reports-research/archegos-info-kit.html|Credit Suisse management report into it}}, is a pretty neat backgrounder all by it ...ges]] the [[equity derivatives]] you write to your clients, where they are taking only economic [[exposure]] to [[shares]] under a [[swap]] and are not buyin

...ator|negotiators]], [[salespeople]], [[Law firm|professional adviser]]s, [[credit committee]]s — is motivated firstly ''to make whatever it is that they ar ...egotiators]], [[AML|anti-money laundering compliance professionals]] and [[credit officer]]s have their own mouths to feed. They will therefore busy themselv

...e abstract model the [[dealer]] has dreamed up:<ref>Like in a structured [[credit derivative]]</ref> the [[dealer]] has actually traded at that price, forked ...rket price. That’s not the deal: that is the ''exact'' risk that client is taking by investing in equities.

...the exercise of ones security rights under a security interest granted as credit support to the obligation. There are many reasons why, even upon an event o ...as ''so'' fundamental it would automatically discharge the whole contract, taking with it any remaining terms.

...e bought on margin, and using them as [[collateral]] when borrowing higher-credit quality assets they can return to their treasury departments to pay down th

[[File:TCB.jpg|450px|thumb|center|Taking care of business — I mean treating customers fairly — in Memphis Tennes ...his groundbreaking product — ''tranched synthetic collateralised emissions credit derivatives, denominated in [[bitcoin]]''<ref>Laugh, but this once happened

...]], buy the assets and conflate [[alpha]] with [[vega]]: it is ''not'' a [[credit risk mitigation technique]] (for that see {{pbprov|security}} and {{pbprov| ...nds its client money to buy assets, and holds those assets in [[custody]], taking security over them as [[surety]] for repayment of its loan — a “[[margi

:(a) Individuals who wants to get things done that involve taking new risks or Crossing into unknown territory must develop tools and techniq :(b) A secondary motivation is taking credit for things that go well. <br>

...the [[Magic circle law firm|magic circle]]’s patter premised: to give them credit, they are ably aided in it by their [[In-house lawyer|in-house clients]], m ...complicated legal product in fewer than the 80-100 pages it was presently taking.

...ral timidity seeing him in good stead. Ten days later the market imploded, taking the young tadpole, PetVan, BluBeenz and [[Lexrifyly]] with it.

*Credit crunch of 2007 ...place your funds so hold themselves out as experts and imply that they are taking responsibility for your interests but

...tingent convertible bonds — ''better'' than bank equity?”<ref>[https://www.credit-suisse.com/lu/en/articles/asset-management/contingent-convertible-bonds-lu- ...and torture embedded in it, and at the same time, by ordinance, directed [[Credit Suisse]] to write down its AT1s — which were “Perpetual Tier 1 Continge

...set of guidelines, policies, rules and fall-backs for the [[legal]] and [[credit]] terms of a {{t|contract}} that you can hand to the itinerant [[school-lea ...be [[Escalation|escalated]] for approval by [[litigation]] [[and/or]] a [[Credit]] officer of at least C3 rank”,

...no small pleasure, inspected the animal’s fur closely through the monocle, taking it in his fingers, picking out fleas, or dirt, or imperfections. “Meh.” “Half a stinking credit??!” Roly looked distraught and fished them out.

...approaches the French doors, he silences his phone and removes his shoes. Taking the handle, he eases the door open and slips out onto the terrace.|| Barry ...ain, the fixation with footwear. The reader knows what’s going on. Give us credit for not spooning it out. What she does and what he does should be different

...der [[Harry Markopolos]] and that poor junior credit officer at [[Archegos|Credit Suisse]] who was told off for asking “why do we even have daily terminati Quiz time: taking the information supplied about who everyone thought was the hero, or bad ap

...t — say, a [[transferable security]] with an embedded derivative, like a [[credit-linked note]] or even a plain old [[Repackaging programme|repackaging]], fo

...it had absolutely no upside and significant Downside on them even without credit loss, while it's liabilities were deposits comma being extremely short term ...predictability of future income streams applies in many areas of finance. Credit card receivables, automobile loans, and even songwriting royalties.

...A lawyer will recommend changes. Doctors and lawyers get no credit for not taking action.

...iberately ''giving'' offence is oafish, negative and counterproductive. ''Taking'' offence is cowardly and anti-intellectual. To be offended is to have no b *Your team. ''They'' get the credit. ''You'' take the responsibility. Deal with underperformance privately: tha

...shifted ordnance out of the goddamn tranche, but so much of it was shitty credit. It kept going off: blowing up we could even get it out of the warehouses, ...d up to cop a feel. It was so smooth. Like a natural extension of your own credit line. We blammed it round the room like we were waxing buy-and-holds left r

At the heart of the commerce is ''[[trust]]'' and ''[[credit]]'': the expectation that one will ''[[be a good egg]]''. This is the ravis ...“enhancements to the ''certainty'' of safety” — lead to ''increased'' risk-taking, are legion.<ref>Anti-lock breaks, seatbelts, speed limits, cycle helmets,

...ing that is ''already'' too elaborate, and ducks the question ''why'' your credit officers are embedded in a manual process where all they do is push a butto |<small>Taking the material terms of your legal contracts, that you codified in the [[meta

“Yes it is! It is all ''disclosed'' man! We’re only taking orders stapled to [[big-boy letter]]s! We’re ’wildly'' over-subscribed! Ten days later the market imploded, taking the young tadpole, PetVan, BluBeenz and [[Lexrifyly]] with it

They trace all the way to the credit unit, only to realise it too is staffed by volunteers and children and dile Graeber flees into the retail maelstrom, taking bedding and placards he has at last found his calling.

...d up to cop a feel. It was so smooth. Like a natural extension of your own credit line. We blammed it round the room like we were waxing buy-and-holds left r ...ke a fix. A high. I was coming down. I had a lust for more. I found myself taking the strip mall details even when I was rostered off.

...ng, the contingency planning, the difficult business case: the barriers to taking the necessary risk, with inarticulable benefits, were too high.