Nor are the change order processes appropriate for dealing with the changes that occur
gradually over the term of the contract but where the cumulative effect can be great.
Not exact matches
Given that each VIX futures
contract has a constant vega exposure
of 1000, the S&P VIX Short
Term Futures Inverse Daily Index has been
gradually increasing its vega exposure
over the past couple
of years.
Given that each VIX futures
contract has a constant vega exposure
of 1000, the S&P VIX Short
Term Futures Inverse Daily Index has been
gradually increasing its vega exposure
over the past couple
of years.