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Casting involves arbitrage with model AGENTS.
Securitisation is really an arbitrage: with surplus collateral, assets can be bundled into an entity with a supercharged credit rating.
After Salomon, Negrych went to First Boston, where he worked in fixed-income arbitrage with Dexter Senft, who helped invent the mathematics behind mortgage-backed securities.
That would boost Chinese compensation to only about 4% of US pay rates barely making a dent in narrowing the arbitrage with major industrial economies.
Though nobody at Google would say so directly, I got the distinct impression that Google thought Mr. Savage was practicing a form of ad arbitrage with his site.
If any regulatory framework is harsh we will see regulatory arbitrage with a move away from traditional print to online news sources like MSN, Yahoo, Huffington Post at the expense of traditional print journalism.
Similar(43)
We introduce the concept of no-arbitrage with respect to the null contract and a stronger notion of no-arbitrage for the trading desk.
On the one hand, a natural definition of a hedger's fair value (see Definition 15) is consistent with the concept of no-arbitrage with respect to the null contract and thus it seems to be theoretically sound.
Researching and investing into smaller stocks that eluded ETF packaging ensures that these stocks are not arbitraged with index ETFs.
Only a few US cities retained DST locally thereafter, including New York so that its financial exchanges could maintain an hour of arbitrage trading with London, and Chicago and Cleveland to keep pace with New York.
As a result we obtain the estimate of the kernel that is positive almost surely (i.e. precludes arbitrage), consistent with the equity risk premium, the risk-free discounting, and with the observed asset prices by construction.
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