问题如下:
Tim is a fund manager in a wealth management firm. In a meeting with Wang, a derivatives strategist, Tim asks Wang to suggest a type of CDS contract to simultaneously fully hedge multiple fixed-income exposures.
According to the information above, which type of CDS should Wang recommend to Tim?
选项:
A. Single-name CDS
B. CDS index
C. Tranche CDS
解释:
B is correct.
考点:对CDS分类的理解
解析:
根据Tim的要求,同时对多个Exposure提供保护,那么应该购买CDS index.
CDX能做到fully hedge??