Operational risk vs market risk

In finance credit risk refers to the risk associated with individual assets like a particular stock or bond for instance.

It is my undertanding that both market and operational risk refer to the risk of a particular market say the treasury bond market or the security market for aeropsace corpaorations. However, what is the difference between operational risk and market risk?


Market Risk refers to the reduced value of your security as the result of decreased demand
Operational Risk refers to the potential for loss due to inefficient business procedure or internal fraud.

I think…