Glossary entry (derived from question below)
German term or phrase:
Spread-Produkt
English translation:
spread position; spread product
Added to glossary by
Beate Lutzebaeck
Jun 28, 2002 09:56
22 yrs ago
2 viewers *
German term
Spread-Produkt
German to English
Bus/Financial
Investment / Securities
Die Staatsanleihen stiegen sehr stark in ihrem Kurs (so dass ein sehr hoher Verlust auf der Short-Position bestand) und das Spread-Produkt wurde ebenfalls in Mitleidenschaft gezogen (entweder durch einen Kursverlust oder eine Spread-Ausweitung).
Proposed translations
(English)
4 | spread position | gangels (X) |
1 | spread product | Ralf Lemster |
Change log
Aug 9, 2005 14:55: Natalie Wilcock (X) changed "Field (specific)" from "(none)" to "Investment / Securities"
Proposed translations
3 days 6 hrs
Selected
spread position
Spreads are not products, because you create it yourself as an options contract (which is the product) , i.e. sell the S&P500 1000 call and 980 put. If at expiration the spread closes between these two benchmarks, it expires worthless (what you want) and you pocket the premium on both ends.
4 KudoZ points awarded for this answer.
Comment: "Again, thank you, the input is much appreciated."
4 hrs
spread product
Impossible to be more precise without context - what spread does this product refer to, and what's the structure?
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Note added at 2002-07-01 18:55:49 (GMT) Post-grading
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Although I agree with Klaus\'s interpretation of TIN\'s query (I believe \"spread position\" is correct here), spreads can, in fact, be products. There are examples for exchange-traded spreads (such as inter-product spreads which were once listed by Eurex, as well as their upcoming \"delta-neutral trading products\", which are essentially futures/options spreads), as well as OTC products (mostly warrants, but also certificates, etc.), which are based on embedded spreads or represent spreads between different assets.
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Note added at 2002-07-01 18:55:49 (GMT) Post-grading
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Although I agree with Klaus\'s interpretation of TIN\'s query (I believe \"spread position\" is correct here), spreads can, in fact, be products. There are examples for exchange-traded spreads (such as inter-product spreads which were once listed by Eurex, as well as their upcoming \"delta-neutral trading products\", which are essentially futures/options spreads), as well as OTC products (mostly warrants, but also certificates, etc.), which are based on embedded spreads or represent spreads between different assets.
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