Position Aggregation and Delta Exposure

Managing Risk Across Complex Trading Books

FUNDAMENTALS


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Key Topics Covered

  • Position Aggregation: Consolidating trades across products, delivery periods, and locations.
  • Delta Calculation: Measuring your directional exposure to price movements.
  • Net vs. Gross Positions: Understanding the difference and when each matters.
  • Risk Limits: Setting and monitoring position limits across your portfolio.