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Derivatives > Xerxes
The following information is about Xerxes.
Xerxes Defined
* The sensitivity of Convexity (q.v.) to a change in yield.
* The "Convexity" of Modified Duration (q.v.).
* The third derivative of a financial instrument's value with respect to its yield.
(Source: "Derivative Mortgage Securities Glossary," Dean Witter, Mortgage Backed Securities Department, Derivative Products Group, January 1995.)
Hedging so that Xerxes equals zero is one step beyond Convexity hedging, which is itself one step beyond matching durations of one's investment and (short) hedge portfolio. In theory, such a hedge would require relatively little rebalancing.
This definition is in context to Derivatives. See more contextual defintions for Xerxes.
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Off-site Xerxes Links, User Submitted
The following links have been collected through user bookmark submission in the Xerxes category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.
Thu Aug 14
- hapiking.com: Xerxes Philip, Hapi, Hapi Royalty, Baby Royalty, Kids Royalty
- Hapi Royalty: Xerxes Philip, Hapi, Hapi Royalty, Baby Royalty, Kids Royalty
- Xerxes Philip: Xerxes Philip, Hapi, Hapi Royalty, Baby Royalty, Kids Royalty
Mon Aug 11
Sun Aug 3
Fri Jul 11
Tue Jul 8
Mon Jul 7
- Fresno Xerxes Demo: guest tukwut1989
Fri Jun 20
If you would like to find additional social bookmark based links on the topic of we recommend the Open Tag Directory > Xerxes. If you would like to find related tags we recommend Tag Patterns > Xerxes
Off-site Xerxes Research Links
If you still need additional information on Xerxes then we suggest the following off-site resources. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.
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