An underlying is an asset on which a derivative product is based. It can be financial (share, index, etc.) or physical (agricultural material, precious metals, etc.).
The variation in the price of an underlying directly influences the price of the derivative product.
Feefty SAS - Share capital 75 000 euros - SIREN 844765578 - RCS Paris - APE code 6619B - Financial Investment Advisor - Insurance Broker - ORIAS n°19001259 orias.fr - Member of AMAFI