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.
A cigarette aimed to the female gender.
"Man, i don't smoke those foofoonanis you sissy pole smoker!"
See foofoo..
1.
Swahili for "There is a Lion"
Nants Ingonyama bagithi baba sithi uhmmm ingonyama
See Somebody..
