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.
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Random Words:
1.
What a guy says to a girl he's fucking from behind - asking her to push her ass back so she grinds onto him.
Also, in lesser used ..
1.
A person who waits for everyone to get drunk at a party and then takes their money.
Oh **** that, my wallet is missing!!! Who the **** ..
