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Market risk: this is unexpected changes in prices and rates
Credit risk: these are changes in quality that are associated with changes in credit quality
Liquidity risk: this is the risk of inability to adjust financial position, increasing costs or lack of access to credit
Operating risk: this includes fraud, systems failures and trading errors
System risk: this is a breakdown in market wide liquidity and chain reaction effect
Dana05 answered the question on July 15, 2019 at 14:58
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