Set up

(redirected from set-up)
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia.

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.
Mentioned in ?
References in periodicals archive ?
In this live webcast, a panel of thought leaders and professionals brought together by The Knowledge Group will highlight the important features of "Bad Faith Set-Ups" in insurance litigation.
These companies tend to feel that a quality set-up can be accomplished in this fashion with the limited personnel available and for the company to stay in the black.
Standard features: Twin hydraulic injection cylinders, optical encoder for screw position, CH-3.5 PC controller with LCD, storage for 150 mold set-ups, cycle-count setting for auto-stop.
President Federal Government Teachers Association (FGTA) Malik Ameer Khan said that despite government efforts to reform the educational set-ups in federal capital, parents only trusted model colleges.
Picking up from Adrian Sutil's programme yesterday, Paul concentrated on tyre evaluation and establishing baseline set-ups for the remainder of the testing programme.
Surely, now is the time to take an in-depth look at the regional teams' set-ups.
"Today's focus on lean manufacturing operations requires quick and safe set-ups." Mold changeovers that now take up to 90 min can be reduced to about 10 min, according to Brocher.
As with Paul and Nico over the previous two days, Adrian's programme was focused principally on collecting further data on the performance of the Pirelli tyres under different set-ups and fuel loads.
color ECD display, pop-up screens to guide set-up, and internal memory for 40 mold set-ups.
HAVE YOU EVER THOUGHT to yourself, when going to a new skatepark, what kind of interesting street set-up might be there?
But the nuclear family, at 61.6%, is still the most common set-up out of 35 different combinations.
color LCD display, pop-up screens to guide set-up, and internal memory for 40 mold set-ups.