Yeah, I saw it on Bloomberg this morning - really nuts. Someone must benefit from it, right?
Oh, really? Pop-quiz, hot shot - whats feature makes the basis in ultra-long bond futures a tiny bit more expensive?
Obviously, there isn't one since it's settled on a cash print. That actually makes the print a very scary risk since CME don't have a functioning...
There is a reason why EFP market exists - it's not really risk free rate but more like the mean funding rate for delta-one desks. The futures...
That's what they call each other, btw :)
The post-Black Death period (1350-1450) was a period of sustained price deflation. Similarly, when the plague returned to Europe in the...
I was not aware of that, so I assume it was mostly in Europe?
They did, but if anything, that reinforces @volguy27s point. In a perverted sense, div swap is an equity volatility trade - i.e. even if it does...
Really, we gonna do this the adversarial way instead of an adult conversation? Overall the write up was very reasonable, even if short on detail....
Was not a personal swipe by any means, just felt that it was in general very light on detail and got some stuff factually wrong. My suspicion is...
Very easy. Sell rich vol, buy cheap vol. I am gonna let you work out the details on your own :D
"has been proven"? Could you quote a paper from a reputable scientific journal?
I thought it was an urban legend - I'd be surprised if a shop like RenTech would research strategies without a strong prior.
In short, you don't want to get involved, even at the puny level of ~1k/year that even WSB retards can apparently afford. Instead you stand back...
It has expanded beyond gorillas, apparently they are going across the wildlife now. I am delighted and disturbed at the same time - both I and WSB...
la vérité est que la vérité est compliqué
la vérité est la vérité est compliqué
Only if you can borrow or lend money elsewhere at different levels :) e.g. if you can borrow cheaper than Fed Funds
There are plenty of true arbitrage opportunities across the market. These days they are usually small and require manual work (which is why they...
bloomberg me tomorrow?
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