Naked and Residency: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Create the page. Source: ACT qualifications material.)
 
imported>Doug Williamson
(Classify page.)
 
Line 1: Line 1:
A 'naked' position in a derivatives contract is one where the holder has no other related offsetting contract, asset or liability.
''Tax''.


The only possible profit or gain is from a favourable outturn market price.
The same as [[residence]].


Naked positions are, by definition, speculative (rather than hedging).
[[Category:Accounting,_tax_and_regulation]]
 
 
== See also ==
* [[Arbitrage]]
* [[Derivative]]
* [[Futures]]
* [[Hedging]]
* [[Option]]
* [[Outturn]]
* [[Speculation]]

Latest revision as of 08:32, 2 July 2022

Tax.

The same as residence.