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Risk management
1.Corporate risk (要能区分不同的风险的含义)
(1)Market risk:市场风险,可以理解为不可控风险
eg: equity risk, interest rate risk, currency risk, commodity price risk.
①General market risk
②Specific market risk
2.Credit risk (要能区分不同的风险的含义)
①Bankruptcy risk:对手方没有支付利息和本金
②Downgrade risk:对手方因为自己本身风险的增高导致降级从而带来损失的风险
③Counterpart risk:对手方无法履行部分交易所带来的风险 包括settlement, herstatt risk
3.Operational risk:操作风险因为内部或者人为以及系统操作所带来的风险 (要能知道里面有什么风险)
①Legal risk
②Model risk
③Anti-money laundering
④Cyber risk
⑤Risks of terrorist attacks
⑥Rogue trading risk
4.Liquidity risk 流动性风险 没有足够的现金或者资产来偿还负债(要能区分不同的风险的含义)
①Funding Liquidity risk:银行接受短期存款然后以高的利率以长期贷款借出,导致期限错配
②Market liquidity risk (trading liquidity risk)市场参与者少,迫使卖家不得不接受低价格来换取现金流
5.Other risk (要能知道里面有什么风险)
①Business risk
②Strategic risk
③Reputation risk
     
 
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