Credit risk
Measuring the value of clearing
Central clearing houses offer major advantages to the electricity trading industry, says UK Power Exchange’s Paul Danielsen. He sets out a practical example to demonstrate how UK power firms can benefit from clearing
Credit in context
Systems
Capital structure arbitrageurs build a following
Trading strategies
The new breed
Introduction
Portfolios: prevalent but problematic
Introduction
Cracking correlation
Credit default swaps
Dashed hopes
CFOs
Structurally sound
Profile
The right tools
Portfolio selection
Trying to model reality
Credit Risk
Post-delivery problems
Credit Risk
Standing out from the crowd
Credit Risk
A clear answer to credit problems
Credit Risk
Scaling the credit cliff
Credit Risk
Cross-border conundrums
Credit Risk
Insecurity and innovation
Introduction
How to spot a VaR cheat
Traders can use weaknesses in VaR measurement to make it appear that they are not taking any risks. Brett Humphreys exposes how easily this can be done
On the ball
Relegation risk