Sunday 8 December 2013

DELTA ONE

Today's word: DELTA ONE
Theme for this fortnight: MUTUAL FUNDS


 
A category of derivatives for which a change in the value of the underlying asset results in a change of the same, or nearly the same, proportion in the value of the derivative. Some examples of delta one derivatives include equity swaps, forwards, futures, and exchange-traded funds (ETF's).
 

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