合成金融工具
金融工具金融工具是指在金融市场中可交易的金融资产。不同形式的金融工具具有不同的金融风险。用来证明融资双方权利义务的条约。金融工具又称交易工具,它是证明债权债务关系并据以进行货币资金交易的合法凭证,是货币资金或金融资产借以转让的工具。
合成金融工具指将两种或两种以上的金融工具组合在一起,创造出别具特色新资产的金融工具。
例如,在购买一只股票的看涨期权的同时卖出相同股票的看跌期权,人为地创立一项与该股票具有相同特征、相同风险和潜在回报率的资产。
SyntheticA financial instrument that is created by combining two or more instruments to create a new asset with distinct attributes. For example, the purchase of a call option on a share and the simultaneous sale of a put option on the same share artificially creates an asset which has the same characteristics as the underlying share and the same risks and potential rewards.