Market risk Risk of Loss Risk of loss exceeding acquisition cost Any other risk Price risk Volatility risk Interest rate risk Liquidity risk Issuer risk up to 5% Counterparty risk up to 10% Complex Credit risk Forward Agreement up to 20% Interest rate risk Non-Complex up to 50% Underlying asset risk up to 100% Market risk Risk of Total Loss Risk of loss exceeding acquisition cost Any other risk Price risk Volatility risk Interest rate risk Liquidity risk Issuer risk up to 5% Counterparty risk up to 10% Complex Credit risk CFD up to 20% Interest rate risk Non-Complex up to 50% Underlying asset risk up to 100% Market risk Risk of Total Loss Risk of loss exceeding acquisition cost Any other risk risk up to 5% Volatility risk up to 10% Complex Interest rate risk FX / FX swaps up to 20% Liquidity risk Non-Complex up to 50% Issuer risk up to 100% Counterparty risk
Market risk Risk of Loss Risk of loss exceeding acquisition cost Any other risk Forward Agreement Complex Non-Complex up to 5% up to 10% up to 20% up to 50% up to 100% Price risk Volatility risk Interest rate risk Liquidity risk Issuer risk Counterparty risk Credit risk Interest rate risk Underlying asset risk Market risk Risk of Total Loss Risk of loss exceeding acquisition cost Any other risk CFD Complex Non-Complex up to 5% up to 10% up to 20% up to 50% up to 100% Price risk Volatility risk Interest rate risk Liquidity risk Issuer risk Counterparty risk Credit risk Interest rate risk Underlying asset risk Market risk Risk of Total Loss Risk of loss exceeding acquisition cost Any other risk FX / FX swaps Complex Non-Complex up to 5% up to 10% up to 20% up to 50% up to 100% risk Volatility risk Interest rate risk Liquidity risk Issuer risk Counterparty risk
APPROPRIATENESS_TEST_indv.docx