The same as in the to term and futures contracts, the exposed economy units to financial risks make use of these contracts, through middlemen and agents; and the investors and speculators, as also the arbitragers
AFTER reading David Ash-forth's article (November 30), as a "hedging mechanism", I would like some clarification on David Harding's quote: "If SPs are in the hands of the arbitragers
who use automatic programmes on the exchanges but are neither punters nor bookmakers, then it is not a sustainable position.
Simply, as the currencies were devalued in Asia, China, Japan and Russia, and the arbitragers
lost money, it also made the cost of the overseas goods cheaper against the American dollar.
The stocks are lagging," Muoio concedes, but "it's normal for risk arbitragers
to sell Alltel short and to buy 360 [degrees], the strategy being for every 360 [degrees] [share] you own, you are going to get 0.
Ivan Boesky, "king of the arbitragers
," speaking before a packed auditorium at UC Berkeley proclaimed, "Greed is okay.
The extent to which information is disseminated in a market determines the role speculators, hedgers, arbitragers
, and the real investors, play and influence the market trend.
This was only a small step, but it was one way to help ensure, during those challenging days (in the '80s), that all of a company's stock didn't travel immediately into the hands of arbitragers
supply additional liquidity to a futures market.
Junk bond packagers, arbitragers
, and related corporate lawyers and tax accountants profited more than substantially in the money centers, while jobs in financial backroom" operations in low-income regions, such as those recording credit card transactions in some medium-sized cities in the Plains region, were not similarly remunerated.
22 within hours after the deal was announced, reflecting that arbitragers
and others also expect a higher purchase price.
, like the SOES bandits before them, sought to scoop up price differences resulting from momentary time lags between exchanges.
The same as in contracts to term and to future, the economic agent units exposed to financial risks through middlemen and agents; and the investors and speculators, likewise the arbitragers