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.
Joking, doing something without intent.
Making fun of someone or something.
A less offensive way of saying taking the piss.
"Tha..
1.
Being pwned to the point at which the pwner would be make shreds of the pwnee's asshole. Most commonly associated with Halo 2 and 3..
