Delta One

What is Delta One?


1.

In financial derivatives, where the hedge position corresponds one-for-one with the notional of the derivative.

This is always true of forwards and swaps: thus, Jérôme Kerviel, as a swaps trader, was on SocGen's Delta One desk.

The amount of money that Kerviel was making, as a Delta One trader with a 500K risk limit, was suspicious.

See swaps, delta, hedge


12

Random Words:

1. A bitch who is being a dumb cunt. That cunt Jackie was bein' a huge jizz waffle tonight. See cum bubble, cum dumpster..
1. Acting like a giant cracka. Cory is totally a doshy...
1. Meaning you would do something fairly quickly. I would have taken that shit in a dickbeat...