Suppose your firm is a derivatives dealer that has recently created a new product. In addition to

Question:

Suppose your firm is a derivatives that has recently created a new product. In addition to market and credit risk, what additional risks does it face that are associated more with new products?
Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...