FRM Powerpoints 2011 Unit IC The Risk Management Environment

FRM Powerpoints 2011 Unit IC The Risk Management...

Info iconThis preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: I. Concepts of Risk Management C. The Risk Management Environment Version: January 3, 2011 Unit I.C Exchange-Listed Derivative Markets o Futures, options o Physical trading or electronic trading o Standardized, guaranteed against default, usually require a broker p. 2 of 15 Version: January 3, 2011 Unit I.C Exchange-Listed Derivative Markets (cont.) o Major derivatives exchanges (by volume of futures and options in 2009) n Korea Exchange n EUREX [Frankfurt] n Chicago Mercantile Exchange Group (CME) (Chicago Mercantile Exchange and the Chicago Board of Trade) n NYSE Euronext n Chicago Board Options Exchange (CBOE) n BM&Fbovespa (Brazilian Mercantile & Futures Exchange) n National Stock Exchange of India n Nasdaq OMX n Russian Trading Systems Stock Exchange n Shangahi Futures Exchange p. 3 of 15 **This page updated annually Version: January 3, 2011 Unit I.C Over-the-Counter Derivatives Markets o Directly negotiated between two parties o Dominated by a network of dealers o Largely unregulated o Subject to credit risk o Liquidity? p. 4 of 15 Version: January 3, 2011 Unit I.C Institutions that Operate in the Risk Management Environment (cont.) o Dealers n What the dealer does n Credit risk and credit standing...
View Full Document

This note was uploaded on 02/28/2012 for the course FIN 7400 taught by Professor Donchance during the Fall '11 term at LSU.

Page1 / 15

FRM Powerpoints 2011 Unit IC The Risk Management...

This preview shows document pages 1 - 6. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online