Set up


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Set up

Applies mainly to convertible securities. Arbitrage involving going long the convertible and short a certain percentage of the underlying common. Antithesis of Chinese hedge.

Set Up

In arbitrage, the practice of taking a long position on a convertible security and taking a short position on the underlying asset of that convertible security. The investor makes a set-up hedge in hopes that the price of the underlying asset will rise, allowing him/her to profit from the increase in the price of the convertible security. On the other hand, if the underlying asset falls in price, the investor profits from the short sale of the underlying asset. A set-up hedge is the opposite of a Chinese hedge. See also: Convertible arbitrage.
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Secretary Executive District Officer (health) Dr Nasir Mehmood said that action will also be taken all laboratories and private health set ups which were being run without qualified doctors.
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The Bill also gives legal cover to the by-elections conducted by the Chief Election Commissioner and provides for mechanisms for the setting up of interim set ups for holding polls in the future.