default
-
P2.T6.24.30. Loss Waterfall and Variation Margin
Learning Objectives: Discuss the risks faced by a CCP and the ways it manages its exposures. Provide examples of a loss waterfall. Explain the different methods of managing the default of one or more members of a CCP. Questions: 24.30.1. RiskShield CCP is a central counterparty that clears a...- Nicole Seaman
- Thread
- central-counterparties default loss-waterfall variation-margin
- Replies: 0
- Forum: FRM® Practice Questions
-
P2.T6.24.1. Credit risk and the difference between insolvency, default, and bankruptcy
Learning objectives: Define credit risk and explain how it arises using examples. Explain the distinctions between insolvency, default, and bankruptcy. Identify and describe transactions that generate credit risk. 24.1.1. Jason applies for a credit card on January 15th with Chazz Bank. Chazz...- Nicole Seaman
- Thread
- bankruptcy credit-risk default insolvency
- Replies: 0
- Forum: FRM® Practice Questions
-
P1.T4.917. External credit rating scales (de Servigny Ch.2)
Learning objective: Describe external rating scales, the rating process, and the link between ratings and default. Questions: 917.1. Quotecan Corporation has issued a bond with the following features, characteristics and/or qualities: Quotecan's interest coverage ratio (i.e., earnings before...- Nicole Seaman
- Thread
- default
- Replies: 0
- Forum: FRM® Practice Questions