What is Balched?
1.
Fooled or tricked, similar to being punk'd. Usually causes severe chaos, confusion and detriment to fixed income traders and sales assistants
1) Oh nuuuu.... My PnL and risk are out substantially... oh wait... Ive been BALCHED!
2) These tickets are wrong direction, px, u/l and maturity... oh shut! Ive been BALCHED!
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Random Words:
1.
A term used to describe the accidental or purposeful attachment of a beverage can (particularly beer) to the bottom of ones shoe by step..