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.
when it's too cold outside to do anything, let alone move in your apartment (combination of miserable and freezing)
no joke miz fr..
1.
a cardbaord box filled with spinach and a hole for the penis is cut out. you insert your penis and have a friend smack the box around li..
