Netting Factor (FRM Part 2, Book 2, Counterparty Credit Risk)

In this short video from FRM Part 2, we explore this concept of netting factor - a number used to gauge the extent of netting related benefits that have been realised. The approach and explanation is as per the FRM prescribed reading taken from Jon Gregory's book on XVA (www.amazon.com.... For other videos related to FRM Part 2 preparation, please visit the course page (www.finRGB.com....