Delta One transactions are complex and often intersect a cross-section of products and strategies that include OTC option synthetics, reverse conversions (rev/con) equity index swaps, single stock futures, single stock swaps, equity forwards, and the securities lending market.
Working in tandem with our Options Desk and ETF Desk, the WallachBeth Delta One Desk serves equity finance, repo traders and sophisticated corporate treasurers tasked with implementing cost effective, delta neutral strategies when rebalancing and repackaging portfolios, mitigating portfolio structure risk via arbitrage strategies, and capitalizing on corporate actions.
Our Delta One team includes OTC trading market veterans who formerly managed global bank trading, broking and risk management divisions. We are widely-regarded for having trained a cadre of Delta One experts who now manage trading desks for the Industry's most prominent liquidity providers and principal trading firms.
It's not only Banks that bank on WallachBeth. We serve as a reliable intermediary in the course of identifying and pairing natural counterparties while facilitating the execution of rev/con, "hard-to-borrow," arbitrage opportunities between structures, and optimizing respective balance sheets.
We're agnostic and multi-lingual, including being fluent in the "Greeks" i.e. delta, gamma, theta, beta, rho, and/or vega.
