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.
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Random Words:
1.
the act of being diverse, mixing it up a bit
i listen to all kinds of music, i like to keep it diversitized
See mix, change, switch..
