D\u00f6viz brokerlar\u0131 i\u00e7in d\u00f6viz riskini hedge etmek, bireysel yat\u0131r\u0131mc\u0131lara k\u0131yasla a\u00e7\u0131k\u00e7a daha zordur; zira d\u00f6viz yat\u0131r\u0131mc\u0131lar\u0131 yaln\u0131zca kendi yat\u0131r\u0131m yapt\u0131klar\u0131 d\u00f6viz \u00fcr\u00fcnlerini dikkate almakla yetinir ve yat\u0131r\u0131m yapt\u0131ktan sonra, yat\u0131r\u0131m yapt\u0131klar\u0131 \u00fcr\u00fcn\u00fcn de\u011ferinin aniden art\u0131p artmayaca\u011f\u0131n\u0131 veya azalmayaca\u011f\u0131n\u0131 d\u00fc\u015f\u00fcnmek zorunda kalmazlar;<\/p>\n\n
ancak bir d\u00f6viz platformu i\u00e7in, normal i\u015fleyi\u015f ve geli\u015fme amac\u0131yla m\u00fc\u015fterilerin yat\u0131r\u0131m yapmas\u0131n\u0131 k\u0131s\u0131tlamak pek olas\u0131 de\u011fildir; bu nedenle brokerlar\u0131n hedge etmesi gereken risk statik bir d\u00f6viz riski de\u011fildir; her bir d\u00f6viz \u00fcr\u00fcn\u00fcn\u00fcn risk maruziyeti ger\u00e7ek zamanl\u0131 olarak de\u011fi\u015fir ve dinamiktir.<\/p>\n\n
Peki, brokerlar bu dinamik riske nas\u0131l kar\u015f\u0131 koymal\u0131d\u0131r? Bu makalede, \u015fu anda yayg\u0131n olarak kullan\u0131lan iki dinamik d\u00f6viz riski hedgeleme y\u00f6ntemi tan\u0131t\u0131lacakt\u0131r.<\/strong><\/p>\n\n Delta, temel d\u00f6viz \u00fcr\u00fcn\u00fcn\u00fcn fiyat de\u011fi\u015fimi ile hedging i\u00e7in kullan\u0131lacak \u00fcr\u00fcn\u00fcn fiyat de\u011fi\u015fimi aras\u0131ndaki orand\u0131r. \u0130ki \u00f6rnek verelim: A \u00fcr\u00fcn\u00fcn\u00fc A \u00fcr\u00fcn\u00fcyle hedging etmek istedi\u011finizde, delta a\u00e7\u0131k\u00e7a 1 olur; bu durumda 100 birimlik a\u00e7\u0131k uzun pozisyonunuz varsa, 100 birimlik k\u0131sa pozisyon kullanarak hedging yapabilirsiniz;B \u00fcr\u00fcn\u00fcyle A \u00fcr\u00fcn\u00fcn\u00fc hedge etmek istedi\u011finizde ve A \u00fcr\u00fcn\u00fcn\u00fcn fiyat\u0131n\u0131n %20, B \u00fcr\u00fcn\u00fcn\u00fcn fiyat\u0131n\u0131n ise %10 de\u011fi\u015fece\u011fi biliniyorsa, bu durumda delta 2 olur. \u00d6nceki \u00f6rnekteki durum s\u00f6z konusu oldu\u011funda, hedging i\u00e7in 200 birimlik B \u00fcr\u00fcn\u00fc k\u0131sa pozisyonu kullanman\u0131z gerekir.<\/p>\n\n Ger\u00e7ek hayatta, hedging hatas\u0131 ile hedging maliyeti aras\u0131nda bir ikilem ortaya \u00e7\u0131kar. Hedging ba\u015far\u0131 oran\u0131n\u0131 art\u0131rmak ve hedging hatas\u0131n\u0131 azaltmak isteniyorsa, hedging s\u0131kl\u0131\u011f\u0131 ve maliyeti art\u0131rmak gerekir; tersine, maliyeti d\u00fc\u015f\u00fcrmek istendi\u011finde ise hedging hatas\u0131n\u0131n artmas\u0131 ka\u00e7\u0131n\u0131lmazd\u0131r.bu nedenle, a\u015fa\u011f\u0131da a\u00e7\u0131klanacak iki y\u00f6ntem, hedging hatas\u0131 ile hedging maliyeti aras\u0131nda iyi bir denge sa\u011flamaktad\u0131r.<\/p>\n\n Sizin i\u00e7in m\u00fckemmel bir forex brokerlik \u015firketi kural\u0131m!<\/strong> En son teknolojilerimizi kullanarak forex i\u015finizi kurun. LXSuite, s\u0131f\u0131rdan bir brokerlik i\u015fi kurmak i\u00e7in ihtiyac\u0131n\u0131z olan her \u015feyi size<\/a> sunar. G\u00fcvenilir ve kapsaml\u0131 yaz\u0131l\u0131m teknolojimizi tercih ederek, en iyisini yapmaya odaklanabilirsiniz. M\u00fc\u015fterilerinize d\u00fcnyan\u0131n en pop\u00fcler forex i\u015flem platformunu sunun; MT4\/MT5 beyaz etiket \u00e7\u00f6z\u00fcm\u00fcn\u00fc kullanarak<\/a> kendi markan\u0131z\u0131 veya bizim markam\u0131z\u0131 tercih edebilirsiniz.<\/p>\n","protected":false},"excerpt":{"rendered":" D\u00f6viz brokerlar\u0131 i\u00e7in d\u00f6viz riskini hedgelemek, bireysel yat\u0131r\u0131mc\u0131lara k\u0131yasla a\u00e7\u0131k\u00e7a daha zordur.<\/p>\n","protected":false},"author":29,"featured_media":102975,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[341],"tags":[],"class_list":["post-102974","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-is"],"acf":[],"_links":{"self":[{"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/posts\/102974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/comments?post=102974"}],"version-history":[{"count":1,"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/posts\/102974\/revisions"}],"predecessor-version":[{"id":102976,"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/posts\/102974\/revisions\/102976"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/media\/102975"}],"wp:attachment":[{"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/media?parent=102974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/categories?post=102974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/tags?post=102974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Bundan \u00f6nce, bu iki dinamik risk hedging y\u00f6ntemini daha iyi anlayabilmek i\u00e7in, makalede dinamik d\u00f6viz riski hedginginin prensipleri hakk\u0131nda k\u0131sa bir a\u00e7\u0131klama yap\u0131lacakt\u0131r. \u00d6ncelikle \u015funu bilmek gerekir ki, ister dinamik risk hedgingi ister statik risk hedgingi olsun, bunlar\u0131n temel mant\u0131\u011f\u0131 delta hedgingini kullanmakt\u0131r.<\/p>\n\n
Baz\u0131 ki\u015filer \u015f\u00f6yle diyebilir: \u201cHedging bu kadar basitse, dinamik d\u00f6viz riski hedgingi i\u00e7in her an delta hedgingini korumak yeterli olmaz m\u0131?\u201dAsl\u0131nda bu, ilgili maliyet sorununu g\u00f6z ard\u0131 etmektir. Hangi hedging y\u00f6ntemi kullan\u0131l\u0131rsa kullan\u0131ls\u0131n, her hedging i\u015flemi i\u00e7in belirli bir maliyet \u00f6denmesi gerekir; \u00f6rne\u011fin, opsiyon kullan\u0131ld\u0131\u011f\u0131nda opsiyon primi, vadeli i\u015flem kullan\u0131ld\u0131\u011f\u0131nda ise ilgili teminat \u00f6denmesi gerekir.<\/p>\n\n
Dinamik risk hedging y\u00f6ntemlerinden ilki, sabit zaman aral\u0131klar\u0131nda hedgingdir. Anla\u015f\u0131lmas\u0131 olduk\u00e7a kolayd\u0131r; belirli aral\u0131klarla delta yeniden hesaplan\u0131r ve hedging stratejisi yeniden ayarlan\u0131r. Bu y\u00f6ntem, basit, anla\u015f\u0131l\u0131r ve uygulanabilir olmas\u0131 nedeniyle pratikte \u00e7ok yayg\u0131n olarak kullan\u0131lmaktad\u0131r.Bu y\u00f6ntemin kilit noktas\u0131, sabit zaman aral\u0131\u011f\u0131n\u0131n ne kadar uzun olaca\u011f\u0131n\u0131n do\u011fru se\u00e7ilmesidir; brokerlar bunu farkl\u0131 \u00fcr\u00fcnlerin ger\u00e7ek durumuna g\u00f6re belirlemelidir.<\/p>\n\n
\u0130kinci y\u00f6ntem ise risk aral\u0131\u011f\u0131 hedging\u2019idir; bu, delta i\u00e7in bir aral\u0131k belirlemeyi i\u00e7erir. Delta bu aral\u0131k i\u00e7indeyken hedging yap\u0131lmaz; ancak delta aral\u0131\u011f\u0131n d\u0131\u015f\u0131na \u00e7\u0131kt\u0131\u011f\u0131nda, yani fiyatta b\u00fcy\u00fck bir sapma meydana geldi\u011finde hedging ger\u00e7ekle\u015ftirilir . Bu y\u00f6ntem, maliyet a\u00e7\u0131s\u0131ndan \u00f6nemli tasarruf sa\u011flar ve k\u00fc\u00e7\u00fck ve orta \u00f6l\u00e7ekli arac\u0131 kurumlar i\u00e7in iyi bir se\u00e7enek olabilir.<\/strong><\/p>\n\n