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Quantitative Finance · Glossário

O que é Trading book, banking book?

Também chamado de: trading book · banking book

Definition 23.2 Rates, Credit, XVA and Risk · Capítulo 23 — Regulatory Capital for Trading Books

The trading book holds instruments held for short-term resale, for profiting from short-term price movements, for locking in arbitrage profits, or for hedging such positions, fair valued daily through P&L; everything else is in the banking book, whose market risk (mainly interest rates) is managed as in chapter 24.

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