सभी किताबें

पेशेवर

ऐप्स परिचय Coach लॉग इन पढ़ना शुरू करें

Quantitative Finance · शब्दावली

Financing trade क्या है?

Definition 26.2 Strategies II: Volatility, Relative Value, Macro and the Bank Desks · अध्याय 26 — Delta-One and Dividends

A financing trade is holding an asset against a derivative that delivers it later (a basket against a short future, or a total-return swap in which the bank pays a client the asset’s return), earning the financing spread implied by the derivative’s price less the bank’s own cost of funding and of balance sheet.

Three years of the synthetic futures-implied financing spread over the overnight rate, with its quarter-end jumps, against the bank’s own funding and capital hurdle of 15 basis points. Data: s2_deltaone.market.
Figure 26.1. Three years of the synthetic futures-implied financing spread over the overnight rate, with its quarter-end jumps, against the bank’s own funding and capital hurdle of 15 basis points. Data: s2_deltaone.market.
अध्याय में पढ़ें →