Delta One desks focus on 'delta hedging', a very common investment-banking activity. Usually it refers to the way a bank hedges its long and short exposures across a portfolio of investments that may include assets such as shares, as well as derivatives such as futures and options.
To make a portfolio price neutral', you need an overall delta' of zero. That means for every 5% your long positions gain (say stocks you own), your short positions (created using, for instance, short futures or put options) also lose 5% and vice versa, so your overall gain or loss is zero.
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Revolut launches its first stocks and shares ISA with BlackRock and Vanguard ETFsA year after getting its UK banking licence, Revolut is now launching its first stocks and shares ISA with a suite of exchange-traded funds (ETFs) from BlackRock and Vanguard.
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What does Trump’s ‘Big Beautiful Bill’ mean for the US economy?Donald Trump’s budget bill will slash taxes, but is expected to add at least $3 trillion to US national debt
