All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Derivatives

Hedge Funds Eye Lehman Loophole

Hedge fund managers are seeking legal advice as to whether they should exploit a legal loophole that would allow them to hold open out-of-the-money trades with Lehman Brothers, while withholding premiums.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree