derivative warrants

The Importance of Counterparty Credit Risk in Financial Markets
ZHANG, Chu | LI, Gang

Counterparty credit risk (CCR) refers to the risk that a counterparty will not pay up as obligated in a contract.  Under such circumstances, an economic loss would occur if the transaction with the counterparty has a positive ...

Hong Kong Derivative Warrants: the Case of Counterparty Risk

In this presentation, Prof Chu Zhang will explain in layman’s language a recently published research paper regarding Hong Kong’s derivative warrant market. The paper addresses the questions of whether counterparty risk ...