This paper uses three methodologies for measuring the existence of systemic risk in the Colombian banking system. The determination of its existence is based on implementing three systemic risk measures widely referenced in academic works after the subprime crisis, known as CoVaR, MES and SRISK....

In this paper we propose a Value at Risk (VaR) and Expected Shortfall (ES) with normal and t-student distribution to estimate the daily market risk in the Colombian futures market Exchange rate with US dollar, the current regulation by the (CRCC) Colombian Central Counterparty Clearing House...