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Trimmed hedge

26 November 2002 By Jonathan Ford

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Trimmed hedge

26 November 2002 By Jonathan Ford

In a nifty manoeuvre, the Dutch insurer has switched to delta hedging its employee stock option exposure. This seems sensible. It also allows ING to refill its coffers by selling surplus treasury stock it held for its old hedge.

This content is for Subscribers only

 

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