Self-interested opportunistic motivation is often maligned, no more so than through the recent crisis, but its net effects are worth remembering during these hard times. As Europe is now reviewing its past, and the cost thereof, over the recent market turmoil, it is worth pausing and remembering what it is that markets offer us and attempt to remain focused on its net offering to us all: that of economic prosperity.
Monthly Archive for November, 2010
Opportunities arise and disappear but they are always around, sometimes in the most unexpected places and often in the most unexpected ways.
Can we spread out the rates to thin out the arb? This article reviews the effects of an effective bid/ask spread over the selected daily rates.