What's new

1. ### FRM Level 2 , Nov 2012 : Post what you remember here

I wish GARP would read this trail of feedbacks to see how confused we are about the answers. This is a evidence of how tricky the exam was...I hope at the end that everyone will pass!
2. ### FRM Level 2 , Nov 2012 : Post what you remember here

You are absolutely right! but still the answer is debatable because neither ES or Standard deviation are totally right answers...
3. ### FRM Level 2 , Nov 2012 : Post what you remember here

ES is not easy to interpret...it is clearly mentioned in Schweser...I put Standard deviation instead! it's confusing...
4. ### FRM Level 2 , Nov 2012 : Post what you remember here

I think you are right as you need to take the weights into consideration...
5. ### FRM Level 2 , Nov 2012 : Post what you remember here

There were two questions, one about the Singaporean client with its USD revenues and the other about Nasdaq. Any thoughts?
6. ### Surplus ar risk

Hi David, Slide 44 (2012.T8 b Investment), the shortfall should be (surplus + surplus growth) - SAR... You used surplus - SAR ($20-$18.1). Please verify and advise. Thanks Imad
7. ### Standardised approach to credit risk under Basel II

Hi David, Thanks for your reply, however, Schweser book says: The standardized approach to estimating securitization exposures treats assets rated Baa3 or better similar to other credit riks. Riskier assets have higher risk weights applied, and if an asset has no external rating, then there is...

14. ### The failure mechanics of dealer banks

Hi David, Hope you are well. Can you please explain below comment: "a counterparty may also request to receive cash from options positions that are in-the-money by having them revised to at-the-money". Thanks Imad
15. ### Margined counterpaty

Hi David, I couldn't understand the difference between margined and non margined counterparties. I know that margined counterpaty is the one that uses a margined agreement. Am I right? Thanks Imad