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628:. They generate most revenue through a variety of strategies related to the various delta one products as well as related activities, such as dividend trading, equity financing and equity
588:. Delta one products often incorporate a number of underlying securities and thus give the holder an easy way to gain exposure to a basket of securities in a single product.
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activities, traders can still get away with taking ample risks." The
Financial Times also describes delta one desks as akin to the special forces of trading.
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there is expected to be an identical move in the price of the derivative. Delta one products can sometimes be synthetically assembled by combining
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687:. As the price for these products closely track their underlying asset and the risk free rate, their delta will be close to 1.
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profile. That is, a derivative that is not an option or a product with embedded options. Examples of delta one products are
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on WTI crude oil at price X by buying an X strike call and selling an X strike put. This is known as
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has described delta one trading as "one of the hottest areas in banking" and "...the last domain of
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of (or very close to) one – meaning that for a given instantaneous move in the price of the
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measures the sensitivity of a derivative's value to changes in the price of the
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This article is about the financial instrument. For the airline product, see
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of the derivative's value with respect to the underlier's price.
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772:"FT Alphaville » The curse of Delta one strikes UBS"
828:"UBS trader Kweku Adoboli arrested over 'rogue deals'"
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finance or equity derivatives divisions of most major
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604:. The delta (Δ) of an instrument is the first
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791:: CS1 maint: numeric names: authors list (
728:"What is Delta One? definition and meaning"
652:A delta one product is a derivative with a
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580:. For instance, you can be long a
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807:"Delta One back in the spotlight"
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640:in the banking sector, where via
809:. Efinancialnews.com. 2010-11-30
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21:Delta Air Lines § Delta One
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710:) involved delta one traders.
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620:are either part of the
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832:. Retrieved
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669:equity swaps
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638:prop trading
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504:Market trend
479:Greenwashing
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830:. bbc.co.uk
566:optionality
499:Market risk
312:Spot market
269:Reinsurance
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161:Stockbroker
78:Bond market
834:2011-09-15
813:2011-09-15
778:2011-09-15
756:2011-09-15
734:2011-09-15
714:References
694:(those of
616:Delta one
341:Regulation
69:Securities
658:symmetric
558:Delta one
442:corporate
417:Financial
239:Commodity
849:Category
787:cite web
677:forwards
467:services
457:personal
452:forecast
422:analysis
346:Clearing
298:Forwards
224:Currency
62:Exchange
673:futures
582:forward
578:options
474:Fintech
437:betting
427:analyst
327:Trading
303:Options
25:Delta 1
661:payoff
654:linear
622:equity
462:public
259:Option
64:
598:delta
592:Delta
570:delta
447:crime
432:asset
317:Swaps
249:Money
156:Stock
793:link
702:and
596:The
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708:UBS
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
