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 special word meaning "go f**k your self with a donkey". It's origin is turkish cypriot but is mainly used by xorkatous ..
1. the act of going on youtube to see one thing but getting off hours later jack: where have you been? rob: i had a youtube adventure ja..
1. Combination of quiver and a wimper. The sex was so good, it made me quimper. 2. 1. quimper ( n ): a whiny noise made by the vagina. c..