... market and credit risk. Just as I was struggling to integrate these three types of risk, people started worrying about operational risk, basis risk, mortality risk, weather risk, estimation risk, ... nan-cial risk: spot risk in Chapter 9 , forward risk in Chapter 10 , vanilla options risk in Chapter 11 , exotic options risk in Chapter 12 , credit risk in Chapter 13 , and counterparty credit risk ... for Risk Reporting 249 8.5 Trading Models 250CHAPTER 9 Managing Spot Risk 253 9.1 Overview 253 9.2 Foreign Exchange Spot Risk 257 9.3 Equity Spot Risk 258 9.4 Physical Commodities Spot Risk...