Wrong way risk - Revision history

imported>Doug Williamson: Link with Hedge page.

2015-04-04T20:53:58Z

Link with Hedge page.

← Older revision		Revision as of 20:53, 4 April 2015
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	== See also ==		== See also ==

			* [[Hedge]]
	* [[Guide to risk management]]		* [[Guide to risk management]]
	* [[Swap]]		* [[Swap]]

	[[Category:Manage_risks]]		[[Category:Manage_risks]]

imported>Doug Williamson: Link with new Guide to risk management page & remove link to old Risk management page, and link with Swap page.

2014-10-27T12:06:53Z

Link with new Guide to risk management page & remove link to old Risk management page, and link with Swap page.

← Older revision		Revision as of 12:06, 27 October 2014
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	The risk that the value/effectiveness of a hedge or [[risk management]] product is most doubtful when most needed.		The risk that the value/effectiveness of a hedge or risk management product is most doubtful when most needed.

	For example, when the credit standing of the seller of securities in a [[repo]] is positively correlated with that of the security sold.		For example, when the credit standing of the seller of securities in a [[repo]] is positively correlated with that of the security sold.

	This was illustrated in swaps when Parmalat the Italian dairy firm (in 2003 Europe's biggest bankruptcy) sold credit default swaps on itself.		This was illustrated in swaps when Parmalat the Italian dairy firm (in 2003 Europe's biggest bankruptcy) sold credit default swaps on itself.



			== See also ==

			* [[Guide to risk management]]
			* [[Swap]]

	[[Category:Manage_risks]]		[[Category:Manage_risks]]

imported>Doug Williamson: Removed erroneous 'was'

2014-04-16T15:48:20Z

Removed erroneous 'was'

← Older revision		Revision as of 15:48, 16 April 2014
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	The risk that the value/effectiveness of a hedge or [[risk management]] product is most doubtful when most needed.		The risk that the value/effectiveness of a hedge or [[risk management]] product is most doubtful when most needed.

	For example when the credit standing of the seller of securities in a [[repo]] is positively correlated with that of the security sold.		For example, when the credit standing of the seller of securities in a [[repo]] is positively correlated with that of the security sold.

	This was illustrated in swaps ~~was~~ when Parmalat the Italian dairy firm (in 2003 Europe's biggest bankruptcy) sold credit default swaps on itself.		This was illustrated in swaps when Parmalat the Italian dairy firm (in 2003 Europe's biggest bankruptcy) sold credit default swaps on itself.

	[[Category:~~Credit_Risk~~]]		[[Category:Manage_risks]]

imported>Doug Williamson: Add internal links.

2013-10-28T11:03:06Z

Add internal links.

← Older revision		Revision as of 11:03, 28 October 2013
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	The risk that the value/effectiveness of a hedge or risk management product is most doubtful when most needed.		The risk that the value/effectiveness of a hedge or [[risk management]] product is most doubtful when most needed.

	For example when the credit standing of the seller of securities in a repo is positively correlated with that of the security sold.		For example when the credit standing of the seller of securities in a [[repo]] is positively correlated with that of the security sold.

	This was illustrated in swaps was when Parmalat the Italian dairy firm (in 2003 Europe's biggest bankruptcy) sold credit default swaps on itself.		This was illustrated in swaps was when Parmalat the Italian dairy firm (in 2003 Europe's biggest bankruptcy) sold credit default swaps on itself.

	[[Category:Credit_Risk]]		[[Category:Credit_Risk]]

imported>Doug Williamson: Spacing and minor editing 7/8/13

2013-08-07T15:18:43Z

Spacing and minor editing 7/8/13

← Older revision		Revision as of 15:18, 7 August 2013
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	The risk that the value/effectiveness of a hedge or risk management product is most doubtful when most needed.		The risk that the value/effectiveness of a hedge or risk management product is most doubtful when most needed.

	~~E.g.~~ when the credit standing of the seller of securities in a repo is positively correlated with that of the security sold.		For example when the credit standing of the seller of securities in a repo is positively correlated with that of the security sold.

			This was illustrated in swaps was when Parmalat the Italian dairy firm (in 2003 Europe's biggest bankruptcy) sold credit default swaps on itself.
	~~An example~~ in swaps was when Parmalat the Italian dairy firm (in 2003 Europe's biggest bankruptcy) sold credit default swaps on itself.

	[[Category:Credit_Risk]]		[[Category:Credit_Risk]]

imported>Doug Williamson: Spacing. Author's single carriage returns ignored by Wiki software. Replace with double carriage returns.

2013-07-08T12:17:05Z

Spacing. Author's single carriage returns ignored by Wiki software. Replace with double carriage returns.

← Older revision		Revision as of 12:17, 8 July 2013
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	The risk that the value/effectiveness of a hedge or risk management product is most doubtful when most needed.		The risk that the value/effectiveness of a hedge or risk management product is most doubtful when most needed.

	E.g. when the credit standing of the seller of securities in a repo is positively correlated with that of the security sold.		E.g. when the credit standing of the seller of securities in a repo is positively correlated with that of the security sold.


	An example in swaps was when Parmalat the Italian dairy firm (in 2003 Europe's biggest bankruptcy) sold credit default swaps on itself.		An example in swaps was when Parmalat the Italian dairy firm (in 2003 Europe's biggest bankruptcy) sold credit default swaps on itself.

	[[Category:Credit_Risk]]		[[Category:Credit_Risk]]

imported>Charles Cresswell at 08:30, 6 July 2013

2013-07-06T08:30:47Z

← Older revision		Revision as of 08:30, 6 July 2013
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	An example in swaps was when Parmalat the Italian dairy firm (in 2003 Europe's biggest bankruptcy) sold credit default swaps on itself.		An example in swaps was when Parmalat the Italian dairy firm (in 2003 Europe's biggest bankruptcy) sold credit default swaps on itself.

	[[Category:~~Risk_Management~~]]		[[Category:Credit_Risk]]

imported>John Grout: Added because wrong way risk likely to feature in central bank chatter for the next few years.

2013-06-30T09:57:22Z

Added because wrong way risk likely to feature in central bank chatter for the next few years.

New page

The risk that the value/effectiveness of a hedge or risk management product is most doubtful when most needed.
E.g. when the credit standing of the seller of securities in a repo is positively correlated with that of the security sold.
An example in swaps was when Parmalat the Italian dairy firm (in 2003 Europe's biggest bankruptcy) sold credit default swaps on itself.

[[Category:Risk_Management]]