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WWR

An acronym for wrong way risk; the risk that arises when a counterparty risk is adversely correlated with the credit...

Wrong Way Risk

The risk that arises when a counterparty risk is adversely correlated with the credit quality of the counterparty in question....

ETO

It stands for exchange-traded option; an option (exchange-traded derivative) that trades on organized and regulated exchanges, as opposed to options…

Event-Linked Swap

A swap agreement in which a contingent payment on one leg is linked to a trigger event, such as a…

Counterparty Risk

A type of risk that arises from the probability that a counterparty to a transaction (investment, lending/ borrowing, trading, etc.)...

Over-The-Counter Derivative

A derivative instrument which is traded and privately negotiated in over-the-counter (OTC) markets, i.e. directly between the two parties involved,...

CCR

It stands for counterparty credit risk; the risk that a counterparty to a derivative contract may be unable or unwilling...

CCP

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

Central Clearing Counterparty

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

Central Counterparty

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