According to JPMorgan Chase's definitions in their annual report, the following are considered non-trading risk exposures:
* Loans held to maturity: These are not traded and are held until they are repaid.
* Mortgage servicing rights: These involve servicing mortgages rather than trading them.
* Derivatives used to manage asset/liability exposure: These derivatives are used for hedging purposes rather than trading.
Short term equity investments are typically considered trading exposures.