Do you know about Delta One Desks? You will know more after today, considering it may be the division that is causing UBS to suffer yet another OMG “rogue” trading loss of $2 billion: Adoboli held over $2bn UBS “rogue trade”. Adoboli’s Linkedin page says he is director of ETF and Delta One Trading at UBS.
Delta One desks are named for the “neutral” type of trading strategies that exploit minute arbitrages among indexes and instruments trading in the plethora of trading destinations worldwide that they trade in. They are one of
This content is restricted to site members. If you are an existing user, please login. New users may register below.