英语词汇“texas hedge”的英英意思、用法、释义、翻译、读音、例句、短语、词组-英语词典

单词	texas hedge
释义	Texas hedge Texas hedge n (Banking & Finance) finance the opposite of a normal hedging operation, in which risk is increased by buying more than one financial instrument of the same kind Texas Hedge Texas Hedge A hedged position that increases rather than reduces risk. A Texas hedge is made without regard, or with incorrect regard, for the mathematical formulas necessary to lessen exposure. A Texas hedge may involve applying models incorrectly and finding the wrong efficient portfolio frontier and therefore investing in the "wrong" securities.
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Texas hedge