Uncovered: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing 14/8/13) |
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2. In relation to a market position, the situation where the position taker is exposed to the risk of adverse changes in market rates or prices. | In relation to a cover ratio, the situation where the cover ratio falls below 1.0. | ||
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In relation to a market position, the situation where the position taker is exposed to the risk of adverse changes in market rates or prices. | |||
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In relation to an operational exposure, an ''uncovered'' exposure is one which has not been hedged. | |||
== See also == | == See also == | ||
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* [[Hedging]] | * [[Hedging]] | ||
* [[Uncovered interest arbitrage]] | * [[Uncovered interest arbitrage]] | ||
Revision as of 11:21, 14 August 2013
1.
In relation to a cover ratio, the situation where the cover ratio falls below 1.0.
2.
In relation to a market position, the situation where the position taker is exposed to the risk of adverse changes in market rates or prices.
3.
In relation to an operational exposure, an uncovered exposure is one which has not been hedged.
