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In Finance a Replicating Strategy of a particular financial instrument is a set of liquid, usually exchange-traded assets with the same net profit. ==References== Definition : A dynamic trading strategy that shifts a portfolio's exposure between a riskless and a risky asset or between two or more risky assets in order to produce the same payoff function as another strategy or asset. Portfolio insurance, for example, which shifts a portfolio between a riskless and a risky asset, is designed to produce the same payoff function a protective put option strategy. Replicating strategies are used by dealers to hedge the risk exposure that arises from writing options. 〔 ''© Copyright 1996, 1999 Gary L.Gastineau. First Edition.'' ''© 1992 Swiss Bank Corporation.''〕 Self financing Admissable Vt=(St-K)>0 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Replicating strategy」の詳細全文を読む スポンサード リンク
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