I remember seeing it somewhere but I don’t know where and I don’t know what it means. Little help
Herstatt risk = Settlement risk +3 points
the same as settlement risk
Herstatt = Settlement Risk. Why can’t they just call it Settlement risk. I don’t give a rat’s a$$ who Herstatt is or why he deserves a risk factor named after him.
pimp Wrote: ------------------------------------------------------- > Herstatt = Settlement Risk. Why can’t they just > call it Settlement risk. I don’t give a rat’s a$$ > who Herstatt is or why he deserves a risk factor > named after him. yes, is like saying “a commodity trader can face Brian Hunter Risk”…
Right it makes no sense. Like do you deserve having a risk named after you if you screwed up that bad?
yes can´t wait for CFAI to include “fat finger risk” in the curriculum
hala_madrid Wrote: ------------------------------------------------------- > yes > > can´t wait for CFAI to include “fat finger risk” > in the curriculum there is one. It is called transcription bias
“Herstatt Risk” is after Herstatt Bank which defaulted
bigwilly Wrote: ------------------------------------------------------- > “Herstatt Risk” is after Herstatt Bank which > defaulted he is also good at trivia!