Common use of Movement with underlying assets Clause in Contracts

Movement with underlying assets. 6.1.1.6.1 Although the price changes of a CBBC tends to follow closely the price changes of its underlying asset, in some situations it may not (i.e. delta may not always be close to one). Prices of CBBC are affected by a number of factors, including its own demand and supply, funding costs and time to expiry.