Nordea’s trading VAR up 58% in Q3

Higher equity and interest rate risk pushed measure to highest level since March 2020

Nordea’s trading value-at-risk measure hit €30 million ($35 million) in the third quarter of the year, pushed by an increase in equity and interest rate risk.

The latest figures are 58% higher than in the previous quarter and up 7% from Q3 2020. However, they remain half the VAR measure reported in Q1 2020, when the Covid-led crisis first threw markets into a spin.

  //

 

Equity VAR jumped the most quarter on quarter, by 250% to €14 million. Interest rate VAR rose 13% to €27 million.

The

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: