CA-10.4.1

Past version: Effective from 01 Apr 2008 to 31 Dec 2011
To view other versions open the versions tab on the right

The general market risk is the difference between the sum of the long positions and the sum of the short positions (i.e. the overall net position) in each national equity market. In other words, to calculate the general market risk, the bank must sum the market value of its individual net positions for each national market, as determined in accordance with section CA-10.2, taking into account whether the positions are long or short.

Apr 08