> ## Documentation Index
> Fetch the complete documentation index at: https://docs.activeviam.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Curvature risk position

The **[Curvature Risk
Position](../../../../../../../cube/fx-curvature-risk-position)**
measure is $K_b$ in [MAR21.5](https://www.bis.org/basel_framework/chapter/MAR/21.htm?inforce=20230101\&published=20200327#paragraph_MAR_21_20230101_21_5)(3).

Within each **Bucket**, it is the greater of the **Curvature Risk
Position Up** and **Curvature Risk Position Down** values.