I'm even less convinced about the usefulness knowing "how much of a trade a particular counter-party can absorb". And somehow deriving this information from the current book size (as opposed to available capital) also seems somewhat dubious.
Moreover, absent the AUM (or leverage) and asset mix, this number won't tell you much about the actual size of the book.
Moreover, absent the AUM (or leverage) and asset mix, this number won't tell you much about the actual size of the book.