(1) Single currency open position refers to the sum of spot net open position, forward net open position and adjusted option position of each currency, reflecting the foreign exchange risk of a single currency.
① Net spot opening. Spot net open position refers to the open position formed by the business included in the balance sheet, which is equal to the spot assets in the table MINUS the spot liabilities.
② Long-term net opening. Long-term net open position mainly refers to the open position formed by buying and selling long-term contracts, and its quantity is equal to the bought long-term contract position minus the sold long-term contract position.
What does risk exposure mean?
Risk exposure means unprotected risk. For example, your income is Japanese yen, but you have a dollar loan to repay, and you have not done any hedging transactions (such as forward foreign exchange transactions or foreign exchange swaps), so you have the exchange rate risk exposure of Japanese yen against the US dollar. Or you bought a company's bonds, because corporate bonds have credit risk, and you didn't do any hedging transactions (such as credit swap), so you have credit risk exposure. If you buy a bond with a fixed interest rate and there is no hedging (such as interest rate swap), you have to bear interest rate risk, so you have interest rate risk exposure. And so on. ), don't know the specific explanation. When you actually use it, you will know that it has two meanings: 1, which is equivalent to the available part of English; 2, equivalent to English exposure, risk exposure; "Position" is even simpler, generally referring to "available cash" and sometimes referring to "available currency" as the case may be. For example, the bank granted you a credit line, but there was a problem when withdrawing money, probably because the position was insufficient (although there were indicators, the money was not enough)-. If the bank's income exceeds its expenditure in all the receipts and payments of the day, it is called "multi-position"; If the payment exceeds its income, it is called a "short position". The behavior of predicting the number and number of such positions is called "position rolling". The act of trying to transfer funds everywhere is called "changing positions" If the temporarily unused funds are greater than the required amount, it is called "loose position", and if the required funds are greater than the idle amount, it is called "tight position". 2. Holding positions is a common word in the financial industry, which is often used in finance, securities, stocks and futures trading. For example, when futures trading opens, the positions held after buying futures contracts are called long positions, referred to as long positions; The positions held after selling futures contracts are called short positions, referred to as short positions. The difference between open long contracts and open short contracts is called net position. This only exists in futures trading, but not in spot trading. In foreign exchange transactions, "opening a position" means opening a position. Opening a position, also known as exposure, is the act of buying one currency and selling another. After the opening, one currency is long (long) and the other currency is short (short). Choosing the right exchange rate level and the timing of opening positions are the premise of profit. If the timing of entering the market is good, the chances of profit will be great; On the other hand, if the timing of entering the market is improper, it is prone to losses. Net position refers to the trading difference between one currency and another after the opening. In addition, there are statements from the financial industry, such as tying positions and borrowing positions. There are many kinds of holding dates: the first holding date (the first day of futures delivery process) and so on, most of which refer to the day when money is used. 3. Location has two meanings: 1. [Money Market]: China used to refer to banks and the money owned by banks. Overpayment means multiple positions, and underpayment means multiple positions. Clearing the difference between payment and receipt is to roll (ga) positions, and borrowing to make up the difference is to open positions. 2. [Cash]: refers to the amount of money circulating in the market, that is, the money supply. For example, Qian Song means loose position, and tight money means tight position. Generally speaking, it refers to the second kind, which is the amount of cash. ...........................................................................................................................................
What do you mean by risk exposure?
For example, your income is Japanese yen, but you have a dollar loan to repay, and you have not done any hedging transactions (such as forward foreign exchange transactions or foreign exchange swaps), so you have the exchange rate risk exposure of Japanese yen against the US dollar. Or you bought a company's bonds, because corporate bonds have credit risk, and you didn't do any hedging transactions (such as credit swap), so you have credit risk exposure. If you buy a bond with a fixed interest rate and there is no hedging (such as interest rate swap), you have to bear interest rate risk, so you have interest rate risk exposure. And so on. ), don't know the specific explanation. When you actually use it, you will know that it has two meanings: 1, which is equivalent to the available part of English; 2, equivalent to English exposure, risk exposure; "Position" is even simpler, generally referring to "available cash" and sometimes referring to "available currency" as the case may be. For example, the bank granted you a credit line, but there was a problem when withdrawing money, probably because the position was insufficient (although there were indicators, the money was not enough)-. If the bank's income exceeds its expenditure in all the receipts and payments of the day, it is called "multi-position"; If the payment exceeds its income, it is called a "short position". The behavior of predicting the number and number of such positions is called "position rolling". The act of trying to transfer funds everywhere is called "changing positions" If the temporarily unused funds are greater than the required amount, it is called "loose position", and if the required funds are greater than the idle amount, it is called "tight position". 2. Holding positions is a common word in the financial industry, which is often used in finance, securities, stocks and futures trading. For example, when futures trading opens, the positions held after buying futures contracts are called long positions, referred to as long positions; The positions held after selling futures contracts are called short positions, referred to as short positions. The difference between open long contracts and open short contracts is called net position. This only exists in futures trading, but not in spot trading. In foreign exchange transactions, "opening a position" means opening a position. Opening a position, also known as exposure, is the act of buying one currency and selling another. After the opening, one currency is long (long) and the other currency is short (short). Choosing the right exchange rate level and the timing of opening positions are the premise of profit. If the timing of entering the market is good, the chances of profit will be great; On the other hand, if the timing of entering the market is improper, it is prone to losses. Net position refers to the trading difference between one currency and another after the opening. In addition, there are statements from the financial industry, such as tying positions and borrowing positions. There are many kinds of holding dates: the first holding date (the first day of futures delivery process) and so on, most of which refer to the day when money is used. 3. Location has two meanings: 1. [Money Market]: China used to refer to banks and the money owned by banks. Overpayment means multiple positions, and underpayment means multiple positions. Clearing the difference between payment and receipt is to roll (ga) positions, and borrowing to make up the difference is to open positions. 2. [Cash]: refers to the amount of money circulating in the market, that is, the money supply. For example, Qian Song means loose position, and tight money means tight position. Generally speaking, it refers to the second type, that is, the amount of cash. In the international market, ..................................................................................................................................... implements ......
What does risk exposure mean?
Risk exposure means unprotected risk. For example, your income is Japanese yen, but you have a dollar loan to repay, and you have not done any hedging transactions (such as forward foreign exchange transactions or foreign exchange swaps), so you have the exchange rate risk exposure of Japanese yen against the US dollar. Or you bought a company's bonds, because corporate bonds have credit risk, and you didn't do any hedging transactions (such as credit swap), so you have credit risk exposure. If you buy a bond with a fixed interest rate and there is no hedging (such as interest rate swap), you have to bear interest rate risk, so you have interest rate risk exposure. And so on. ), don't know the specific explanation. When you actually use it, you will know that it has two meanings: 1, which is equivalent to the available part of English; 2, equivalent to English exposure, risk exposure; "Position" is even simpler, generally referring to "available cash" and sometimes referring to "available currency" as the case may be. For example, the bank granted you a credit line, but there was a problem when withdrawing money, probably because the position was insufficient (although there were indicators, the money was not enough)-. If the bank's income exceeds its expenditure in all the receipts and payments of the day, it is called "multi-position"; If the payment exceeds its income, it is called a "short position". The behavior of predicting the number and number of such positions is called "position rolling". The act of trying to transfer funds everywhere is called "changing positions" If the temporarily unused funds are greater than the required amount, it is called "loose position", and if the required funds are greater than the idle amount, it is called "tight position". 2. Holding positions is a common word in the financial industry, which is often used in finance, securities, stocks and futures trading. For example, when futures trading opens, the positions held after buying futures contracts are called long positions, referred to as long positions; The positions held after selling futures contracts are called short positions, referred to as short positions. The difference between open long contracts and open short contracts is called net position. This only exists in futures trading, but not in spot trading. In foreign exchange transactions, "opening a position" means opening a position. Opening a position, also known as exposure, is the act of buying one currency and selling another. After the opening, one currency is long (long) and the other currency is short (short). Choosing the right exchange rate level and the timing of opening positions are the premise of profit. If the timing of entering the market is good, the chances of profit will be great; On the other hand, if the timing of entering the market is improper, it is prone to losses. Net position refers to the trading difference between one currency and another after the opening. In addition, there are statements from the financial industry, such as tying positions and borrowing positions. There are many kinds of holding dates: the first holding date (the first day of futures delivery process) and so on, most of which refer to the day when money is used. 3. Location has two meanings: 1. [Money Market]: China used to refer to banks and the money owned by banks. Overpayment means multiple positions, and underpayment means multiple positions. Clearing the difference between payment and receipt is to roll (ga) positions, and borrowing to make up the difference is to open positions. 2. [Cash]: refers to the amount of money circulating in the market, that is, the money supply. For example, Qian Song means loose position, and tight money means tight position. Generally speaking, it refers to the second kind, which is the amount of cash. ...........................................................................................................................................
What do you mean by opening a position?
Hello! Open positions are foreign exchange transactions conducted by banks every day. There is a difference between a loan and a deposit, which is also called a risk position. A position is a trading intention expressed by buying or selling. Position can refer to the amount of funds owned or borrowed by investors. 1, position (also known as "head lining") means money, which is a popular term in financial and business circles. If the bank's income exceeds its expenditure in all the receipts and payments of the day, it is called "multi-position"; If the payment exceeds its income, it is called a "short position". The behavior of predicting the number and number of such positions is called "position rolling". The act of trying to transfer funds everywhere is called "changing positions" If the temporarily unused funds are greater than the required amount, it is called "loose position", and if the required funds are greater than the idle amount, it is called "tight position". 2. Holding positions is a common word in the financial industry, which is often used in finance, securities, stocks and futures trading. For example, when futures trading opens, the positions held after buying futures contracts are called long positions, referred to as long positions; The positions held after selling futures contracts are called short positions, referred to as short positions. The difference between open long contracts and open short contracts is called net position. This only exists in futures trading, but not in spot trading. In foreign exchange transactions, "opening a position" means opening a position. Opening a position, also known as exposure, is the act of buying one currency and selling another. After the opening, one currency is long (long) and the other currency is short (short). Choosing the right exchange rate level and the timing of opening positions are the premise of profit. If the timing of entering the market is good, the chances of profit will be great; On the other hand, if the timing of entering the market is improper, it is prone to losses. Net position refers to the trading difference between one currency and another after the opening. In addition, there are statements from the financial industry, such as tying positions and borrowing positions. There are many kinds of holding dates: the first holding date (the first day of futures delivery process) and so on, most of which refer to the day when money is used.
What does net exposure mean?
(1) Single currency open position refers to the sum of spot net open position, forward net open position and adjusted option position of each currency, reflecting the foreign exchange risk of a single currency.
① Net spot opening. Spot net open position refers to the open position formed by the business included in the balance sheet, which is equal to the spot assets in the table MINUS the spot liabilities.
② Long-term net opening. Long-term net open position mainly refers to the open position formed by buying and selling long-term contracts, and its quantity is equal to the bought long-term contract position minus the sold long-term contract position.
What does bond exposure mean?
This exposure is the position of holding bonds. To put it bluntly, China Merchants Bank holds bonds issued by Lehman. Risk exposure refers to the balance of credit business that may bear risks due to the debtor's default.
What is the credit limit? Is it just the number of loans issued plus the number of exposures?
The credit limit is how much money the bank is willing to lend you. For example, the credit line granted to you by the bank is 6,543,800 yuan. First, I gave you a working capital loan of 500,000 yuan, so you still have a credit line of 500,000 yuan. The second time, the bank invoiced you another 500,000 yuan. At this time, your credit line is used up. If you want to get a loan from the bank or something, you have to reapply for a credit line. It has nothing to do with the number of exposures, so it can be understood. For example, if a company wants to open a bank note of 1 10,000, and he takes a deposit certificate of 500,000 as collateral, then the exposure is100-50 = 500,000.