All books

Professional

Apps About Coach Log in Start reading

Quantitative Finance · Glossary

What is Blind risk bid?

Definition 22.2 Microstructure and Execution · Chapter 22 — Portfolio Trades and Risk Bids

A blind risk bid is a risk bid made on a description of the basket (its size, sectors, liquidity and risk characteristics) without the names, which are revealed only to the winner once the trade is agreed.

Read in context →