A hedging transaction that meets a host of conditions for qualification as bona fide hedge. The transaction must (1) represent...
A variation of the survivorship bias that results from inclusion of a new hedge fund into a given index and...
An adjustment that is made to the number of futures contracts used in hedging a position in order to accommodate...
A ratio spread which is constructed by involving deltas of options such that a neutral “overall” position is created. To...
A transaction that, as opposed to a direct hedge, involves hedging one commodity with a contract for a different commodity....
A transaction that, as opposed to a direct hedge, involves hedging one commodity with a contract for a different commodity....
A transaction that, as opposed to a direct hedge, involves hedging one commodity with a contract for a different commodity....
A derivative instrument which cannot be perfectly hedged using available exchange-traded instruments. In other words, the risks associated with such...
A threshold level for a hedge fund's performance which maintains that the fund management receives the fees only if the...
An industry standard that is used to determine payment of performance fees (to a hedge fund's management). It helps limit...