融跃CFA答疑师老师 2024-02-02 10:31
致精进的你:
同学你好,这个题目不涉及basis trading。这个是教材对basis risk的定义:It is important to keep in mind that most of the time, the hedging instrument and the asset or portfolio to be hedged are imperfect substitutes. The result is a market risk, called basis risk or spread risk—the difference between the market performance of the asset and the derivative instrument used to hedge it.
The real talent is resolute aspirations.
真正的才智是刚毅的志向。