D dont May 18, 2005 #31 Quote from man: the funds are marked to market, but for bespoke tranches there is no "market". where do these positions have to be marked??? who are the counterparties? what does the risk mgmt of those counterparties intend? ... More... Mark it at what ever preserves or gives me the biggest bonus
Quote from man: the funds are marked to market, but for bespoke tranches there is no "market". where do these positions have to be marked??? who are the counterparties? what does the risk mgmt of those counterparties intend? ... More... Mark it at what ever preserves or gives me the biggest bonus
