a. Value at Risk (VaR): Statistical risk measure that gauges the potential loss from adverse market moves in an ordinary market environment.
b. FX Net Open Position (NOP): Measurement of risk exposure resulting from the net long and short positions in different currencies.
c. Interest Rate Basis Point Value (BPV): Measurement of interest rate exposure for fixed income instruments positions.
d. Stop Loss Advisory: Metric to advise senior management of potential out-size losses and to initiate remedies discussion (e.g. reduction of exposure).