Exact(1)
Beyond the two given examples, the pTAS distribution may be also used to model (stock) returns and therefore being beneficial for market risk management as well. 1 Please refer to Schiff (1999, Theorem 4.3) for further details. 2 Besides counterparties' defaults also changes in a counterparties creditworthiness (so-called rating migrations) cause a portfolio loss.
Similar(59)
A counterparty who alternates between conciliation and provocation.
Anybody who has Enron as a counterparty in a trade might be concerned about getting paid".
That includes a charge for the risk that a counterparty goes bust.
Kerviel had entered the name of Baader Bank, a German brokerage, as a counterparty.
Bear is a counterparty to some $10 trillion of over-the-counter swaps.
"Banks would rather show the Fed as a counterparty than another bank," Mr. Crandall said.
2. A counterparty who persists in seeing people in terms of absolute good and evil.
But if a counterparty is in trouble, that may not be appropriate.Investors may have taken one position with Bear Stearns as a counterparty, and then hedged its risk through another trade with, say, Morgan Stanley.
One important caveat: Never negotiate with a counterparty who cannot, for whatever reason, actually win the business.
The broker was simply a "counterparty" who took the other side of a trade that the customer wanted to do.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com