Economic exposure and European Venues and Intermediaries Association: Difference between pages

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imported>Doug Williamson
(Expand definition.)
 
imported>Doug Williamson
(Clarify that EVIA is the renamed WMBA.)
 
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''Foreign exchange risk management.''
(EVIA).  


In foreign exchange risk analysis, the overall risk of adverse effects on an organisation's future operating cash flows, or other cash flows, arising from changes in foreign exchange rates.
EVIA is a London based association which promotes and enhances the value and competitiveness of wholesale market venues, platforms and arranging intermediaries.


For example, key competitors having currency cost bases in weaker or depreciating currencies.
The Association, as WMBA Limited, is also an FCA regulated Benchmark Administrator of RONIA and the calculation and publication agent of SONIA, acting on behalf of the Bank of England.  




The idea of the FX economic exposure concept is to ensure that all relevant FX risks are recognised, identified and appropriately managed.
EVIA was formerly named the Wholesale Markets Brokers' Association (WMBA).
 
 
The term is also used to refer to the longer-term version of transaction exposure – for transactions expected to be agreed in the future, but not yet contractually committed.
 
This is sometimes called Pre-transaction risk or Pre-transactional exposure.
 
 
Some FX exposures will overlap between categories.
 
Here as elsewhere, risk identification and risk management are more important than categorisation.




== See also ==
== See also ==
* [[Cash flow exposure]]
* [[Bank of England]]
* [[Foreign exchange]] (FX)
* [[Broker]]
* [[Foreign exchange risk]]
* [[FCA]]
* [[Risk identification]]
* [[Inter-dealer broker]]
* [[Risk management]]
* [[EURONIA]]
* [[Transaction exposure]]
* [[RONIA]]
* [[Translation exposure]]
* [[SONIA]]
 
* [[Wholesale markets]]
[[Category:Manage_risks]]
* [[Wholesale Markets Brokers' Association Americas]]

Revision as of 20:31, 4 January 2018

(EVIA).

EVIA is a London based association which promotes and enhances the value and competitiveness of wholesale market venues, platforms and arranging intermediaries.

The Association, as WMBA Limited, is also an FCA regulated Benchmark Administrator of RONIA and the calculation and publication agent of SONIA, acting on behalf of the Bank of England.


EVIA was formerly named the Wholesale Markets Brokers' Association (WMBA).


See also

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