NATIXIS - 2018 Registration document and annual financial report

8 ADDITIONAL INFORMATION Glossary

Acronym/Term

Definition

Total transfer of assets and liabilities (Transmission Universelle de Patrimoine)

TUP

United Kingdom

UK US

United States of America

US dollar

USD

A measure of market risk on a bank’s trading book expressed as a monetary value. It allows the entity performing the calculation to appraise the maximum losses liable to be incurred on its trading book. A statistical variable, VaR is always assigned a confidence interval (generally 95% or 99%) and a specific time frame (in practice, one day or 10 days, as the trading positions involved are meant to be unwound within several days). A measurement of the magnitude of an asset’s price fluctuation and thus a measurement of its risk. Volatility corresponds to the standard deviation of the asset’s immediate returns over a given period.

Value at risk (VaR)

Volatility

Very small enterprises

VSE

Wrong-way risk

WWR

580

Natixis Registration Document 2018