search query: @author Mahoney, J. / total: 5
reference: 3 / 5
| Author: | Mahoney, J. |
| Title: | Risk management of correlation products |
| Journal: | European Financial Management
1997 : JUL, VOL. 3:2, p. 155-174 |
| Index terms: | RISK MANAGEMENT EUROPE |
| Language: | eng |
| Abstract: | Trading units within the banking and dealer community that trade exotic instruments are well aware of the hazards of using traditional tools in analysing the risks resulting from positions taken in their specialised markets. The global risk management systems within these organizations have been slower to recognise the new risk profiles created by more recently traded exotic instruments. For traditional risks that are separable the evaluation of risk at the individual trading units and the subsequent aggregation of risk across trading units captures the risks inherent in the portfolio. |
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