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
Random Words:
1.
To feel sorry for possibly, spontaneously causing mouth ulcers to appear on the tongue or cheek of a person you are verbally jousting wi..
1.
A term used to describe someone who mumbles or talks to where you cannot understand them. As if they have a cock in their mouth.
Oral m..
