Underlying: Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| (4 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
{{g}}The [[underlying asset]], or [[underlyer]], or [[underlier]], or [[reference asset]] — call it what you will — is that thing of which your [[derivative]] ''is'' derivative. | {{g}}The [[underlying asset]], or [[underlyer]], or [[underlier]], or [[reference asset]] — call it what you will — is that thing of which your [[derivative]] ''is'' derivative. | ||
Not to be confused with the [[undying]], of course, and certainly not after sun-down. | Not to be confused with the [[undying]], of course, and certainly not after sun-down. | ||
We naughty old contrarian types like to use “{{eqderivprov|underlier}}” as shorthand in the {{eqderivdefs}} even though it isn’t, as such, a thing. | |||
{{sa}} | {{sa}} | ||
*[[Nosferatu]] | *[[Nosferatu]] | ||
*[[Underlier - Equity Derivatives Provision]] | |||
Latest revision as of 19:43, 30 December 2020
|
The underlying asset, or underlyer, or underlier, or reference asset — call it what you will — is that thing of which your derivative is derivative. Not to be confused with the undying, of course, and certainly not after sun-down.
We naughty old contrarian types like to use “underlier” as shorthand in the 2002 ISDA Equity Derivatives Definitions even though it isn’t, as such, a thing.