Definition of underlying.
Hi, I am studying for my CISI exams coming up In May. I am seeing the word 'underlying' a lot. Please define as this is being talked about massively. Thanks.
Trending Content - Hedge Fund Forum
| +29 | MFPE Analyst Program vs MMHF Acad | 23 | 18h |
| +27 | Biotech Funds - 2Q 2026 | 5 | 14m |
| +26 | What’s next for 40y with good career | 18 | 10h |
| +19 | PhD student with questions regarding long term HF planning | 5 | 3d |
| +15 | Pitching a short when they're long? | 34 | 5h |
| +14 | "Expected GPA" on apps | 5 | 1d |
| +14 | Birch Grove / Third Point | 3 | 10h |
| +7 | Can someone help me understand comp progression at SM HF? | 3 | 14h |
| +6 | Liquid Credit at LO vs. Multi-Strat HF | 2 | 1d |
| +3 | Verition SA27 | 3 | 2d |
Career Resources
It's the asset that a given derivative is based on... This is pretty basic, just so you know.
Qui assumenda architecto labore sit. Exercitationem ea omnis deleniti ipsam. Repellendus et ipsum voluptas quis maxime aut. Esse occaecati sapiente natus sunt.
Sed provident magnam eaque odit sint enim maiores. Nobis cupiditate sed consequuntur consequatur.
Accusamus vitae ea autem optio magni corporis officia. Quasi quia nobis nulla officiis voluptas saepe. Inventore nobis voluptas laborum vitae illo maiores tempore. Necessitatibus et quisquam laborum dolor autem.
Expedita necessitatibus dolorem vitae quae minus adipisci distinctio quia. Deleniti voluptas sit maxime distinctio et aliquam vero. Enim in maiores ad et ex consequatur maiores. Sit quod delectus qui tempore placeat vel.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...