问题如下:
Which of the following statements regarding counterparty credit risk is most accurate?
选项: Counterparty risk is unilateral.
Over-the-counter (OTC) derivatives contain less counterparty risk than exchange-traded derivatives because the counterparty is known.
C.The precise future value of the contract is uncertain, but the counterparties are aware of whether the future value will be positive or negative.
D.Counterparty risk is typically associated with counterparty default prior to the settlement rather than default during the settlement process.
解释:
D Counterparty risk is a bilateral risk in that both parties are unaware of the eventual value of the contract and they do not know whether they will earn a profit or loss. For exchange- traded derivatives, the counterparty is the exchange, which effectively mitigates counterparty risk. While counterparty default can happen presettlement and during settlement, counterparty risk typically applies to the risk of default prior to settlement.
老师,这题B怎么理解?为啥是错的呢?