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和棋 · 2020年11月09日

问一道题:NO.PZ2020042003000052

问题如下:

Many FMUs have developed innovative ways to clear and settle transactions that reduce the overall operating liquidity required by the system (i.e., liquidity savings mechanism). About the liquidity savings mechanism, which of the following is NOT correct?

选项:

A.

These tactics essentially increase transaction throughput for a given amount of liquidity by reducing the size of settlement positions (and settlement risk) and minimizing the cost of idle liquidity for a participant.

B.

Examples of liquidity savings mechanisms include transaction netting (bilateral and multilateral)

C.

FMUs use transaction throughput requirements (e.g., requiring a certain percentage of outgoing transactions to be submitted by a mid-day deadline) to achieve liquidity savings mechanisms.

D.

In a deteriorating credit situation, an FMU may begin to monitor a participant’s risk position and its initial and variation margin collateral values in real-time to ensure sufficient coverage.

解释:

考点:对FMU Tools to Manage Intraday Settlement Risk的理解

答案:D

解析:

选项ABC属于FMU管理Intraday settlement riskLiquidity savings mechanism方法,而选项D是属于管理Intraday settlement risk中通过Collateral管理风险。

什么时liquidity saving mech?在哪里能看到呢?

1 个答案
已采纳答案

小刘_品职助教 · 2020年11月09日

同学你好,

Liquidity savings mechanism是一些流动性节约机制,主要是在一些结算方面的创新,对应的是基础班讲义166页。

比夏 · 2021年11月16日

ppt里的最后这行红字能否解释一下?