{"bundle_type":"pith_open_graph_bundle","bundle_version":"1.0","pith_number":"pith:2014:RS2UDJBOXEEKGV7JARVG4NL2DT","short_pith_number":"pith:RS2UDJBO","canonical_record":{"source":{"id":"1405.0508","kind":"arxiv","version":2},"metadata":{"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.PR","submitted_at":"2014-05-02T20:49:38Z","cross_cats_sorted":["q-fin.GN","q-fin.RM"],"title_canon_sha256":"67e8825c57467a22ef5593f2150d9e3533fab1c4a388a7b9e6c2fb47fc0b99bb","abstract_canon_sha256":"d67bddc55942de18809ea4efc995b3b902750c20f009b6ce032991d6e2028cea"},"schema_version":"1.0"},"canonical_sha256":"8cb541a42eb908a357e9046a6e357a1cd2f0ede18f15fb93cdfb03671165382b","source":{"kind":"arxiv","id":"1405.0508","version":2},"source_aliases":[{"alias_kind":"arxiv","alias_value":"1405.0508","created_at":"2026-05-18T02:29:38Z"},{"alias_kind":"arxiv_version","alias_value":"1405.0508v2","created_at":"2026-05-18T02:29:38Z"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.1405.0508","created_at":"2026-05-18T02:29:38Z"},{"alias_kind":"pith_short_12","alias_value":"RS2UDJBOXEEK","created_at":"2026-05-18T12:28:46Z"},{"alias_kind":"pith_short_16","alias_value":"RS2UDJBOXEEKGV7J","created_at":"2026-05-18T12:28:46Z"},{"alias_kind":"pith_short_8","alias_value":"RS2UDJBO","created_at":"2026-05-18T12:28:46Z"}],"events":[{"event_type":"record_created","subject_pith_number":"pith:2014:RS2UDJBOXEEKGV7JARVG4NL2DT","target":"record","payload":{"canonical_record":{"source":{"id":"1405.0508","kind":"arxiv","version":2},"metadata":{"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.PR","submitted_at":"2014-05-02T20:49:38Z","cross_cats_sorted":["q-fin.GN","q-fin.RM"],"title_canon_sha256":"67e8825c57467a22ef5593f2150d9e3533fab1c4a388a7b9e6c2fb47fc0b99bb","abstract_canon_sha256":"d67bddc55942de18809ea4efc995b3b902750c20f009b6ce032991d6e2028cea"},"schema_version":"1.0"},"canonical_sha256":"8cb541a42eb908a357e9046a6e357a1cd2f0ede18f15fb93cdfb03671165382b","receipt":{"kind":"pith_receipt","key_id":"pith-v1-2026-05","algorithm":"ed25519","signed_at":"2026-05-18T02:29:38.965365Z","signature_b64":"K8iWoo+TFPpJfRofQboYBj1UjEAJEYpYVFO+buniy/u16YiPWllDeUVijGFSNLeAIBOZRpndU2/qphZR9iBMCw==","signed_message":"canonical_sha256_bytes","builder_version":"pith-number-builder-2026-05-17-v1","receipt_version":"0.3","canonical_sha256":"8cb541a42eb908a357e9046a6e357a1cd2f0ede18f15fb93cdfb03671165382b","last_reissued_at":"2026-05-18T02:29:38.964931Z","signature_status":"signed_v1","first_computed_at":"2026-05-18T02:29:38.964931Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"source_kind":"arxiv","source_id":"1405.0508","source_version":2,"attestation_state":"computed"},"signer":{"signer_id":"pith.science","signer_type":"pith_registry","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"created_at":"2026-05-18T02:29:38Z","supersedes":[],"prev_event":null,"signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"DNQWlh2e04dt1Y+u56z8YbH7KhKc2fBq3yXP2NKHkF7p9CbM8NXeXWiJE88zDpZu3XEat1M3THSJAsUeKarkAw==","signed_message":"open_graph_event_sha256_bytes","signed_at":"2026-06-04T17:12:55.673347Z"},"content_sha256":"f6e27c1aa7022877d850578e6392ac068eac14b96e96c8294cf6011c139bacf9","schema_version":"1.0","event_id":"sha256:f6e27c1aa7022877d850578e6392ac068eac14b96e96c8294cf6011c139bacf9"},{"event_type":"graph_snapshot","subject_pith_number":"pith:2014:RS2UDJBOXEEKGV7JARVG4NL2DT","target":"graph","payload":{"graph_snapshot":{"paper":{"title":"MVA: Initial Margin Valuation Adjustment by Replication and Regression","license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","headline":"","cross_cats":["q-fin.GN","q-fin.RM"],"primary_cat":"q-fin.PR","authors_text":"Andrew Green, Chris Kenyon","submitted_at":"2014-05-02T20:49:38Z","abstract_excerpt":"Initial margin requirements are becoming an increasingly common feature of derivative markets. However, while the valuation of derivatives under collateralisation (Piterbarg 2010, Piterbarg2012), under counterparty risk with unsecured funding costs (FVA) (Burgard2011, Burgard2011, Burgard2013) and in the presence of regulatory capital (KVA) (Green2014) are established through valuation adjustments, hitherto initial margin has not been considered. This paper further extends the semi-replication framework of (Burgard2013a), itself later extended by (Green2014), to cover the cost of initial margi"},"claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"1405.0508","kind":"arxiv","version":2},"verdict":{"id":null,"model_set":{},"created_at":null,"strongest_claim":"","one_line_summary":"","pipeline_version":null,"weakest_assumption":"","pith_extraction_headline":""},"references":{"count":0,"sample":[],"resolved_work":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57","internal_anchors":0},"formal_canon":{"evidence_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"author_claims":{"count":0,"strong_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"builder_version":"pith-number-builder-2026-05-17-v1"},"verdict_id":null},"signer":{"signer_id":"pith.science","signer_type":"pith_registry","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54"},"created_at":"2026-05-18T02:29:38Z","supersedes":[],"prev_event":null,"signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"vUeNGbjcA2IWkpsNzyjhNn6ILL3a6fau4JMuajAVBgAh0Ly8YlplZP0ZHXrhCFEShlkK/Vka1ze0eFT/togwBw==","signed_message":"open_graph_event_sha256_bytes","signed_at":"2026-06-04T17:12:55.673696Z"},"content_sha256":"81533e55eef03ab2dad7f56f245afab3320fc7020ffb6542c781f858f7a02e53","schema_version":"1.0","event_id":"sha256:81533e55eef03ab2dad7f56f245afab3320fc7020ffb6542c781f858f7a02e53"}],"timestamp_proofs":[],"mirror_hints":[{"mirror_type":"https","name":"Pith Resolver","base_url":"https://pith.science","bundle_url":"https://pith.science/pith/RS2UDJBOXEEKGV7JARVG4NL2DT/bundle.json","state_url":"https://pith.science/pith/RS2UDJBOXEEKGV7JARVG4NL2DT/state.json","well_known_bundle_url":"https://pith.science/.well-known/pith/RS2UDJBOXEEKGV7JARVG4NL2DT/bundle.json","status":"primary"}],"public_keys":[{"key_id":"pith-v1-2026-05","algorithm":"ed25519","format":"raw","public_key_b64":"stVStoiQhXFxp4s2pdzPNoqVNBMojDU/fJ2db5S3CbM=","public_key_hex":"b2d552b68890857171a78b36a5dccf368a953413288c353f7c9d9d6f94b709b3","fingerprint_sha256_b32_first128bits":"RVFV5Z2OI2J3ZUO7ERDEBCYNKS","fingerprint_sha256_hex":"8d4b5ee74e4693bcd1df2446408b0d54","rotates_at":null,"url":"https://pith.science/pith-signing-key.json","notes":"Pith uses this Ed25519 key to sign canonical record SHA-256 digests. Verify with: ed25519_verify(public_key, message=canonical_sha256_bytes, signature=base64decode(signature_b64))."}],"merge_version":"pith-open-graph-merge-v1","built_at":"2026-06-04T17:12:55Z","links":{"resolver":"https://pith.science/pith/RS2UDJBOXEEKGV7JARVG4NL2DT","bundle":"https://pith.science/pith/RS2UDJBOXEEKGV7JARVG4NL2DT/bundle.json","state":"https://pith.science/pith/RS2UDJBOXEEKGV7JARVG4NL2DT/state.json","well_known_bundle":"https://pith.science/.well-known/pith/RS2UDJBOXEEKGV7JARVG4NL2DT/bundle.json"},"state":{"state_type":"pith_open_graph_state","state_version":"1.0","pith_number":"pith:2014:RS2UDJBOXEEKGV7JARVG4NL2DT","merge_version":"pith-open-graph-merge-v1","event_count":2,"valid_event_count":2,"invalid_event_count":0,"equivocation_count":0,"current":{"canonical_record":{"metadata":{"abstract_canon_sha256":"d67bddc55942de18809ea4efc995b3b902750c20f009b6ce032991d6e2028cea","cross_cats_sorted":["q-fin.GN","q-fin.RM"],"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.PR","submitted_at":"2014-05-02T20:49:38Z","title_canon_sha256":"67e8825c57467a22ef5593f2150d9e3533fab1c4a388a7b9e6c2fb47fc0b99bb"},"schema_version":"1.0","source":{"id":"1405.0508","kind":"arxiv","version":2}},"source_aliases":[{"alias_kind":"arxiv","alias_value":"1405.0508","created_at":"2026-05-18T02:29:38Z"},{"alias_kind":"arxiv_version","alias_value":"1405.0508v2","created_at":"2026-05-18T02:29:38Z"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.1405.0508","created_at":"2026-05-18T02:29:38Z"},{"alias_kind":"pith_short_12","alias_value":"RS2UDJBOXEEK","created_at":"2026-05-18T12:28:46Z"},{"alias_kind":"pith_short_16","alias_value":"RS2UDJBOXEEKGV7J","created_at":"2026-05-18T12:28:46Z"},{"alias_kind":"pith_short_8","alias_value":"RS2UDJBO","created_at":"2026-05-18T12:28:46Z"}],"graph_snapshots":[{"event_id":"sha256:81533e55eef03ab2dad7f56f245afab3320fc7020ffb6542c781f858f7a02e53","target":"graph","created_at":"2026-05-18T02:29:38Z","signer":{"key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signer_id":"pith.science","signer_type":"pith_registry"},"payload":{"graph_snapshot":{"author_claims":{"count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57","strong_count":0},"builder_version":"pith-number-builder-2026-05-17-v1","claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"formal_canon":{"evidence_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"paper":{"abstract_excerpt":"Initial margin requirements are becoming an increasingly common feature of derivative markets. However, while the valuation of derivatives under collateralisation (Piterbarg 2010, Piterbarg2012), under counterparty risk with unsecured funding costs (FVA) (Burgard2011, Burgard2011, Burgard2013) and in the presence of regulatory capital (KVA) (Green2014) are established through valuation adjustments, hitherto initial margin has not been considered. This paper further extends the semi-replication framework of (Burgard2013a), itself later extended by (Green2014), to cover the cost of initial margi","authors_text":"Andrew Green, Chris Kenyon","cross_cats":["q-fin.GN","q-fin.RM"],"headline":"","license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.PR","submitted_at":"2014-05-02T20:49:38Z","title":"MVA: Initial Margin Valuation Adjustment by Replication and Regression"},"references":{"count":0,"internal_anchors":0,"resolved_work":0,"sample":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"1405.0508","kind":"arxiv","version":2},"verdict":{"created_at":null,"id":null,"model_set":{},"one_line_summary":"","pipeline_version":null,"pith_extraction_headline":"","strongest_claim":"","weakest_assumption":""}},"verdict_id":null}}],"author_attestations":[],"timestamp_anchors":[],"storage_attestations":[],"citation_signatures":[],"replication_records":[],"corrections":[],"mirror_hints":[],"record_created":{"event_id":"sha256:f6e27c1aa7022877d850578e6392ac068eac14b96e96c8294cf6011c139bacf9","target":"record","created_at":"2026-05-18T02:29:38Z","signer":{"key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signer_id":"pith.science","signer_type":"pith_registry"},"payload":{"attestation_state":"computed","canonical_record":{"metadata":{"abstract_canon_sha256":"d67bddc55942de18809ea4efc995b3b902750c20f009b6ce032991d6e2028cea","cross_cats_sorted":["q-fin.GN","q-fin.RM"],"license":"http://arxiv.org/licenses/nonexclusive-distrib/1.0/","primary_cat":"q-fin.PR","submitted_at":"2014-05-02T20:49:38Z","title_canon_sha256":"67e8825c57467a22ef5593f2150d9e3533fab1c4a388a7b9e6c2fb47fc0b99bb"},"schema_version":"1.0","source":{"id":"1405.0508","kind":"arxiv","version":2}},"canonical_sha256":"8cb541a42eb908a357e9046a6e357a1cd2f0ede18f15fb93cdfb03671165382b","receipt":{"algorithm":"ed25519","builder_version":"pith-number-builder-2026-05-17-v1","canonical_sha256":"8cb541a42eb908a357e9046a6e357a1cd2f0ede18f15fb93cdfb03671165382b","first_computed_at":"2026-05-18T02:29:38.964931Z","key_id":"pith-v1-2026-05","kind":"pith_receipt","last_reissued_at":"2026-05-18T02:29:38.964931Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","receipt_version":"0.3","signature_b64":"K8iWoo+TFPpJfRofQboYBj1UjEAJEYpYVFO+buniy/u16YiPWllDeUVijGFSNLeAIBOZRpndU2/qphZR9iBMCw==","signature_status":"signed_v1","signed_at":"2026-05-18T02:29:38.965365Z","signed_message":"canonical_sha256_bytes"},"source_id":"1405.0508","source_kind":"arxiv","source_version":2}}},"equivocations":[],"invalid_events":[],"applied_event_ids":["sha256:f6e27c1aa7022877d850578e6392ac068eac14b96e96c8294cf6011c139bacf9","sha256:81533e55eef03ab2dad7f56f245afab3320fc7020ffb6542c781f858f7a02e53"],"state_sha256":"96c6eb23756d81f58a791aa520813822753baa3e7a4b57c18238ba49062d6141"},"bundle_signature":{"signature_status":"signed_v1","algorithm":"ed25519","key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signature_b64":"o0rG23TcmE01YoROpHKkYWxsGPp24DoinghndqowUdFz4qy63M+WnpxTh9sh9JiPOjFxr4hjwWIDY1P0M0bhAg==","signed_message":"bundle_sha256_bytes","signed_at":"2026-06-04T17:12:55.675649Z","bundle_sha256":"c6249b675537897b4b0721b39d9b07b796fef738c6919d53baf626a5a386a8cb"}}