The xVA Challenge: Counterparty Risk, Funding, Collateral, Capital and Initial Margin / Edition 4. Jon Gregory

The xVA Challenge: Counterparty Risk, Funding, Collateral, Capital and Initial Margin / Edition 4


The-xVA-Challenge.pdf
ISBN: 9781119508977 | 704 pages | 18 Mb

Download PDF




  • The xVA Challenge: Counterparty Risk, Funding, Collateral, Capital and Initial Margin / Edition 4
  • Jon Gregory
  • Page: 704
  • Format: pdf, ePub, fb2, mobi
  • ISBN: 9781119508977
  • Publisher: Wiley
Download The xVA Challenge: Counterparty Risk, Funding, Collateral, Capital and Initial Margin / Edition 4


Free ibook downloads for ipad The xVA Challenge: Counterparty Risk, Funding, Collateral, Capital and Initial Margin / Edition 4 iBook CHM 9781119508977 in English

Overview

A thoroughly updated and expanded edition of the xVA challenge The period since the global financial crisis has seen a major re-appraisal of derivatives valuation, generally expressed in the form of valuation adjustments (‘xVAs’). The quantification of xVA is now seen as fundamental to derivatives pricing and valuation. The xVA topic has been complicated and further broadened by accounting standards and regulation. All users of derivatives need to have a good understanding of the implications of xVA. The pricing and valuation of the different xVA terms has become a much studied topic and many aspects are in constant debate both in industry and academia. • Discussing counterparty credit risk in detail, including the many risk mitigants, and how this leads to the different xVA terms • Explains why banks have undertaken a dramatic reappraisal of the assumptions they make when pricing, valuing and managing derivatives • Covers what the industry generally means by xVA and how it is used by banks, financial institutions and end-users of derivatives • Explains all of the underlying regulatory capital (e.g. SA-CCR, SA-CVA) and liquidity requirements (NSFR and LCR) and their impact on xVA • Underscores why banks have realised the significant impact that funding costs, collateral effects and capital charges have on valuation • Explains how the evolution of accounting standards to cover CVA, DVA, FVA and potentially other valuation adjustments • Explains all of the valuation adjustments – CVA, DVA, FVA, ColVA, MVA and KVA – in detail and how they fit together • Covers quantification of xVA terms by discussing modelling and implementation aspects. Taking into account the nature of the underlying market dynamics and new regulatory environment, this book brings readers up to speed on the latest developments on the topic.



Download more ebooks:
Downloading ebooks to kindle for free Love 9781984880451 by Roddy Doyle
Ebooks download kindle format Man Cuffed (Man Hands) by Sarina Bowen, Tanya Eby
Free books on mp3 downloads Eight Dates: Essential Conversations for a Lifetime of Love
Download pdf from google books Kid Normal and the Rogue Heroes FB2 DJVU (English literature) by Greg James, Erica Salcedo, Chris Smith 9781547600984
Descargar amazon books a pc INFIERNO: LA PRISION NARANJA (Literatura española) de VÍCTOR ANTONIO GARCÍA ESCALANTE 9788418036699 CHM FB2 PDB