- 1、本文档共8页,可阅读全部内容。
- 2、原创力文档(book118)网站文档一经付费(服务费),不意味着购买了该文档的版权,仅供个人/单位学习、研究之用,不得用于商业用途,未经授权,严禁复制、发行、汇编、翻译或者网络传播等,侵权必究。
- 3、本站所有内容均由合作方或网友上传,本站不对文档的完整性、权威性及其观点立场正确性做任何保证或承诺!文档内容仅供研究参考,付费前请自行鉴别。如您付费,意味着您自己接受本站规则且自行承担风险,本站不退款、不进行额外附加服务;查看《如何避免下载的几个坑》。如果您已付费下载过本站文档,您可以点击 这里二次下载。
- 4、如文档侵犯商业秘密、侵犯著作权、侵犯人身权等,请点击“版权申诉”(推荐),也可以打举报电话:400-050-0827(电话支持时间:9:00-18:30)。
- 5、该文档为VIP文档,如果想要下载,成为VIP会员后,下载免费。
- 6、成为VIP后,下载本文档将扣除1次下载权益。下载后,不支持退款、换文档。如有疑问请联系我们。
- 7、成为VIP后,您将拥有八大权益,权益包括:VIP文档下载权益、阅读免打扰、文档格式转换、高级专利检索、专属身份标志、高级客服、多端互通、版权登记。
- 8、VIP文档为合作方或网友上传,每下载1次, 网站将根据用户上传文档的质量评分、类型等,对文档贡献者给予高额补贴、流量扶持。如果你也想贡献VIP文档。上传文档
查看更多
140-2012 building an optimal execution plan for liquidity
SAS Global Forum 2012 Financial Services
Paper 140-2012
Building an Optimal Execution Plan for Liquidity Management Using SAS®
Wei Chen, Jimmy Skoglund, Liping Cai , SAS Institute Inc., Cary, NC
ABSTRACT
Liquidity risk management is the management of the bank‟s ability to meet its obligations as they come due, w ithout
incurring losses. Liquidity risk management is seen to be of paramount importance and a subject of great interest for
the regulators because a liquidity shortfall at a single significant institution can lead to system-w ide effects. In contrast
to risk based capital for other forms of risks such as market and credit risk, the cushion for liquidity risk is not created
through additional capital. Since the main purpose of the cushion for liquidity risk is to mitigate the n et cumulative
cash outflows, it is done by using a pool of high-quality liquid assets that can be sold immediately or used in collateral
for short-term loan (repo) transactions to raise funds. Given a sufficient liquidity hedging portfolio banks also need to
consider strategizing its response to liquidity crisis in advance. Most notably, this includes having a strategy for
liquidity execution. That is, building a plan for optimal liquidity execution. Liquidity execution is therefore one of the
core functions in the bank and management of liquidity risk has become even more important after the recent
financial crisis. In
您可能关注的文档
- (dianthus caryophyllus - ucanr.pdf
- + 1 1, - stanford cs theory.pdf
- (strongostrong)mega split - arxiv.pdf
- (un)anticipated monetary policy in a dsge strongmodelstrong with a shadow.pdf
- 1 algorithmic manipulation of fibonacci identities.pdf
- 021-2007 ods options and sas® stored strongprocessesstrong.pdf
- 1 borgman template - revista amfiteatru economic.pdf
- 0strongnstrong atomic ratio as a tool to describe zooplankton metabolism.pdf
- 1. introduction - cu boulder.pdf
- 1. introduction and results. d strongnstrong,d strongnstrong ,d - bryn mawr college.pdf
- 行业比较专题:全A违规影响、预测及应用手册-240926-天风证券-11页.pdf
- 北交所专题报告:半导体行业需求复苏-240927-东莞证券-19页.pdf
- 交通运输行业航空机场8月数据点评:旺季客座率提升至较高水平-240919-东兴证券-11页.pdf
- 多地提示债务违约风险,怎么看?-240922-华西证券-15页.pdf
- 煤炭行业报告:国内动力煤下游继续去库存但放缓,火力发电量增-240920-东兴证券-10页.pdf
- 固定收益定期报告:比价匹配度下降-240922-国投证券-10页.pdf
- 中信保诚国企红利量化选股基金投资价值分析:数量化方法助力国企红利主题股票精选-240925-国盛证券-14页.pdf
- 电气设备行业专题研究:锂电行业24H1探底确认,静待回升-240924-东方财富证券-23页.pdf
- 环保行业深度跟踪:SAF试点启动,重申看好固废、水务-240922-广发证券-13页.pdf
- 煤炭行业月度供需数据点评:符合预期,制造业投资延续高增-240920-山西证券-10页.pdf
文档评论(0)