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. 1) Insane beyond all other terms 2) Massive 3) Impressive 1) "Wow, I hope you saw that, because that was the most bigdiculous th..
1. The adult male Scrotum. Sarah tried to kick my leg and missed, hitting me instead in my "hairy beanbag." Julie looked like ..
1. A term used to describe an awkward situation in which a person of Jewish heritage fails in his/her attempt to actively participate in a ..
Book Banner