Credit Risk at RWE Supply and Trading - An Overview

Frank Lehrbass (RWE Supply and Trading GmbH)
Thursday, November 17, 2011 - 5:00pm
Rudower Chaussee 25, Room 1.115

The main concepts of credit risk are revisited from the perspective of a utility and a trading house. It will be made transparent how exposures to counterparties arise out of commodity business and what can be done to mitigate the credit risk. As concerns the remaining part of the credit risk it has to be priced. A discussion of the market for contingent Credit Default Swaps will be given. A glimpse at recent challenges of credit risk measurement and management will conclude.