cross vanna

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English

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Noun

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cross vanna (uncountable)

  1. (finance) A measure of derivative price sensitivity, expressed as the rate of change of vega in one underlying asset with respect to the asset price of another underlying asset in a multi-asset option, or equivalently the rate of change of delta in the second asset with respect to the volatility of the first asset.

Hypernyms

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  • (measure of derivative price sensitivity): Greeks (includes list of coordinate terms)