सभी किताबें

पेशेवर

ऐप्स परिचय Coach लॉग इन पढ़ना शुरू करें

Quantitative Finance · शब्दावली

Banging the close क्या है?

Definition 17.7 Markets II: Rates, FX and Credit · अध्याय 17 — Fixings and Flows

Banging the close is concentrating trades in the moments that set a benchmark or settlement price, in order to move it in a direction that benefits a position.

The dealer’s profit on a EUR 1 billion fixing order by the share bought before the window, with the chapter’s impact and a random move of two pips (standard deviation) between the pre-hedge and the window. The expected profit, taken from the client, grows with pre-hedging, and so does its risk. Illustrative; data: the chapter’s tutorial.
Figure 17.4. The dealer’s profit on a EUR 1 billion fixing order by the share bought before the window, with the chapter’s impact and a random move of two pips (standard deviation) between the pre-hedge and the window. The expected profit, taken from the client, grows with pre-hedging, and so does its risk. Illustrative; data: the chapter’s tutorial.
अध्याय में पढ़ें →