What is Delta One?

[lionrock88]

To all you finance gurus, what does Delta One mean?

[beachball]

Used in connection with derivatives. Means that the change in value of the derivative is either the same or the perfect inverse of the price change in the underlying, i.e., a delta one hedge completely protects you against price movements of the underlying.

[climber07]

To all you finance gurus, what does Delta One mean?

In the generic term - "Delta one" refers to a range of derivatives that give investors exposure to the capital markets beyond holding the underlying securities. Tradional "Delta One" desks will be basically focused on trading equity products (where the “delta” (definition which beachball gave above) is always one, hence these are referred to in the market as “delta-one
products) such as equity Swaps, etc.

[lionrock88]

Thanks you very much guys. Brilliant answers.

[KnowItAll]

SocGen will have some openings in their Delta One desk

[tigerhehe]

Anybody knows any delta one trader that I can talk to?

[freeier]

y u need to talk to them ?

[tigerhehe]

yes, I do need to talk to them. I just been recently assigned to investment banking. Although banking is my forte its with private banking. I am quite confused on how investment banking works especially the traders.

[freeier]

well, just put your questions here. i doubt any of the traders wld appreciate comeone calling them up and ask this and that