The debate lingers on…As the capital markets converge towards the need to better monitor and manage counterparty credit risk through CVA, market participants are faced with questions related to whether or not to actively hedge these counterparty exposures. CVA hedging is a practice done at larger banks and being explored at other financial institutions. On the other hand, DVA, which represents a firm’s own credit risk is a hotly contested debate in the industry in regards to financial reporting and active hedging.
Join Numerix on October 4th at 10:30 am EDTas featured speaker Denny Yu provides a general overview of CVA and DVA from the perspective of trading and risk management practitioners and discusses different ways to hedge CVA and DVA.
Mr. Yu will cover the following key topics in the webinar:
- Review of CVA and DVA calculations
- Strategies, instruments, pros & cons of CVA and DVA hedging
- Industry views on the hotly contested hedging debate
This Webinar is complimentary, but registration is required as space is limited.
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