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.
Quantitative Finance · Glossaire
Quantitative Finance · Glossaire
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.