Highly liquid collateral that is required (to be posted) in order to cover adverse market price movements. This reflects the…

It stands for central counterparty; a financial institution that assumes counterparty credit risk between parties to a transaction- that is,...

A financial institution that assumes counterparty credit risk between parties to a transaction- that is, it takes on the credit...

A financial institution that assumes counterparty credit risk between parties to a transaction- that is, it takes on the credit...

It stands for general wrong way risk; a type of wrong way risk (WWR) that comes into play because of...

A type of wrong way risk (WWR) that comes into play because of general market risk factors (macroeconomic factors) affecting...