The calculation method is position multiplied by weight. As long as there is no 100% hedging position, it is an open position.
Exposure refers to the position of financial risks in financial activities and the extent to which they are affected. Exposure is an important concept in financial risk, but it is not the same as financial risk. Financial assets with large risk exposure may be less risky. Common expressions of exposure are used for risk analysis, indicating the place where risks are exposed. For example, a loan of 654.38 billion yuan to an enterprise, of which 800 million is guaranteed by external sources and 200 million is unsecured, then we say that the risk exposure is 200 million. The same statement is also used in other fields, futures and so on.
Exposure line refers to the loan line of an enterprise, also called comprehensive credit line. The exposure limit is the credit fund limit that the enterprise can actually use to pay, and the bank book loan or acceptance limit is equal to the sum of the exposure limit and the margin limit. There are many explanations for the risk exposure in banking. For example, if the bank gives you a credit of 6,543,800 yuan, and you make a bank acceptance bill with a margin of 50% and a face value of 2 million yuan, then you have used up the bank exposure of 6,543,800 yuan, which is also called exposure credit. Generally speaking, the actual credit line is less than or equal to the exposure line, and the difference depends on the margin ratio.
The difference between the exposure line and the credit line lies in the range of the line:
1. Exposure line refers to the enterprise's loan line, also called comprehensive credit line. The exposure limit is the credit fund limit that the enterprise can actually use to pay, and the bank book loan or acceptance limit is equal to the sum of the exposure limit and the margin limit.
2. Credit line refers to the stock management index of short-term credit business approved by commercial banks for customers, which can generally be divided into single loan credit line, borrowing enterprise line and group borrowing enterprise line. As long as the credit balance does not exceed the corresponding business variety index, the business department of commercial banks can provide short-term credit to customers quickly, regardless of the accumulated amount and the number of issuance.
3. Loans refer to monetary funds provided by financial institutions such as state commercial banks to borrowers to repay the principal and interest at the agreed interest rate and time limit. Loans can be divided into short-term, medium-term and long-term loans, credit and secured loans according to whether there is guarantee or not, rural industrial and commercial loans and consumer loans according to loan objects and purposes, and personal housing commercial loans, personal housing provident fund loans and personal housing portfolio loans according to individual loan types.
4. The scope of credit line is wider, which can be subdivided into loan line, letter of credit line, export draft line, letter of guarantee line, bank acceptance draft line and acceptance draft discount line.