Yet a pairs trader with equal short exposure to Chevron would offset some or all of those losses with profits as Chevron tumbled, too.
而由于雪佛龙的股价也将大跌，以等额做空雪佛龙的配对交易者所获的利润将抵消他的部分或所有损失。
2
In such an arrangement, an investor agrees to buy into a new issue in return for being able to sell back to the Banks an equal amount of an old one, thus ensuring its net exposure does not rise.