PRU 4.15.2

For the purposes of this Section an Exposure that arises in the Trading Book is calculated by summing the following:

(a) the net positive position (long positions net of short positions) for each Financial Instrument as set out in Rules A4.11.10 to A4.11.28;
(b) the firm's net Underwriting Exposures for any Counterparty; and
(c) any other Exposures arising from transactions, agreements and contracts that would give rise to Counterparty Credit Risk.