The General Counterparty
trades will be transacted with Clearing and Execution Services, an agency execution team separate from the trading business at UBS.
The gateway allows users to send Counterparty
assets through the Ripple network, and to transfer those assets back into the Counterparty
Market participants manage their counterparty
risk by their choice of counterparties and instruments and maturities of their trades.
One hint regarding the degree of urgency came over the transom when a certain regulatory agency in Washington called in July to ask about applying structured data collection methods such as eXtensible Business Reporting Language or XBRL to gathering counterparty
risk data a la the suggestions made by the Corrigan Group.
In a typical VPF, a taxpayer agrees to sell to a counterparty
(usually an investment bank) a variable number of shares on a fixed future date in exchange for an upfront cash payment.
That is, if the derivative increases in value in such a way that it is now worth more to Party A (that is, Party B "owes" Party A), then Party A has a counterparty
credit exposure equal to the contract's positive value.
One of the most difficult and important issues to be addressed by the Counterparty
Risk Management Policy Group involves the exchange of information between creditors and counterparties.
should be able to demonstrate to your satisfaction that it's going to benchmark well against the study recommendations.
In the transactions listed below, the swap counterparty
will implement a credit support annex in order to be in a position to collateralise its obligations under derivative agreements with the respective securitisation transactions.
There was no simple way to list or search LDC's counterparties and no single, authoritative source of counterparty
standard settlement instructions (SSI) existed.
Craig Messinger, managing director of Pershing Prime Services, said, "Managing counterparty
relationships is one of the most important business and operational issues facing hedge funds and the broader industry today.
This can be achieved through what we call "stress tests," in which a bank conducts "what if" analyses of how credit exposures to a single counterparty
could grow under extreme market conditions.