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上小学 · 2023年08月20日

请问A为啥正确?谢谢

NO.PZ2020042003000051

问题如下:

FMUs use several tools to monitor and manage intraday exposures and to assist their participants with their own intraday liquidity risk management. Which of the following statements is NOT correct?

选项:

A.

Transaction netting (bilateral and multilateral) and net credit caps are ways to reduce the overall operating liquidity required by the system. Essentially increase transaction throughout for a given amount of liquidity.

B.

Credit lines from both commercial banks and central banks can be used under business-as-usual conditions

C.

By having individual settlement times for specific asset classes or currencies, some FMUs have staggered multiple settlement windows throughout the day to reduce intraday liquidity risk.

D.

Cash (securities) collateral is a key component for FMU risk management

解释:

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

答案:B

解析:

对于FMU来说,C选项描述的Credit lines from both commercial banks and central banks 属于Contingent Liquidity ,一般不会用于日常,会在紧急情况下使用。

Credit lines from both commercial banks and central banks are not used under business-as-usual conditions and are only maintained for emergencies.

请问A并没有说明,也没有出现在讲义里,具体是什么意思呢?

1 个答案

pzqa27 · 2023年08月21日

嗨,努力学习的PZer你好:


这句话是讲义原文,是会增加transaction throughput,因为要走netting,所以即便天量的名义交易额很大,但是净结算之后可能也是比较小的敞口。所以大家就开始尽可能的交易了,会提高交易量

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