What is Delta One?
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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
Random Words:
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Steve L. who lives in San Diego.
Steve is such an indecisive ass, that his life will never amount to anything.
See Janet..
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hello Rod what is up?..
