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  • The Complete Arbitrage Deskbook

    The Complete Arbitrage Deskbook by Reverre, Stephane;

    Series: McGraw-Hill Library of Investment and Finance;

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      • Publisher's listprice GBP 62.00
      • The price is estimated because at the time of ordering we do not know what conversion rates will apply to HUF / product currency when the book arrives. In case HUF is weaker, the price increases slightly, in case HUF is stronger, the price goes lower slightly.

        27 993 Ft (26 660 Ft + 5% VAT)
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    27 993 Ft

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    Delivery time is estimated on our previous experiences. We give estimations only, because we order from outside Hungary, and the delivery time mainly depends on how quickly the publisher supplies the book. Faster or slower deliveries both happen, but we do our best to supply as quickly as possible.

    Product details:

    • Publisher McGraw Hill
    • Date of Publication 16 May 2001

    • ISBN 9780071359955
    • Binding Hardback
    • No. of pages508 pages
    • Size 231x157x43 mm
    • Weight 1013 g
    • Language English
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    Short description:

    How to Understand­­and Take Advantage of­­Arbitrage Opportunities in Modern Financial Markets

    The Complete Arbitrage Deskbook explains every aspect of the types, instruments, trading practices, and opportunities of modern equity arbitrage. It travels beyond U.S. borders to examine the worldwide opportunities inherent in arbitrage activities and demonstrates how to understand and practice equity arbitrage in the global professional environment.

    Written specifically for traders, risk managers, brokers, regulators, and anyone looking for a comprehensive overview of the field of equity arbitrage, this groundbreaking reference provides:

    • Details of the financial instruments used in equity arbitrage­­stocks, futures, money markets, and indices
    • Explanations of financial valuation and risk analysis, tailored to the characteristics of the underlying position and market environment
    • Examples of actual arbitrage situations­­presenting a real-life snapshot of equity arbitrage in action

    The Complete Arbitrage Deskbook is the only book to combine operational details with practical analysis of modern equity arbitrage. Concise in explanation yet comprehensive in scope, it provides an integrated overview of both the practices and the possibilities of the modern equity arbitrage marketplace.

    "Through the examination of actual examples and practical situations, the goal is to achieve an integrated view of arbitrage opportunities, precisely as a trader would see them..."
    ­­From the Introduction

    When used with skill and caution, equity arbitrage­­despite relentlessly negative press and widespread popular misconceptions­­is a very low-risk strategy. It only becomes perilous in the hands of the inexperienced or overconfident. The Complete Arbitrage Deskbook provides anyone­­from capital market professionals to private traders to non-professionals with a serious interest in understanding Wall Street and its intricacies­­with a safe, solid foundation in the essential knowledge of equity arbitrage trading.

    Before you can successfully employ equity arbitrage in the marketplace, you must first develop a complete understanding of its mathematics and practice. The Complete Arbitrage Deskbook covers every aspect­­mechanics, opportunities, risks, and valuation principles­­to help you move forward with knowledge and confidence. In-depth descriptions and demonstrations of each pertinent financial instrument­­stocks, futures and other derivatives, money market instruments including interest rate swaps, and stock indices­­show you what you need to know to manage these and where to focus your attention in terms of risk management. Detailed sections provide hands-on information about:

    • Convergence continuums
    • Cross-exchange listing
    • Closed-end and convertible funds
    • Holding companies
    • Oscillators
    • Mark-to-market versus theoretical valuation
    • Valuation and random variables
    • Risk management principles and tools, including value-at-risk
    • Index arbitrage and absolute convergence
    • Risk arbitrage and explicit convergence
    • Pair trading and technical trading

    Fallacies about what arbitrage is­­and is not­­are common among financial professionals. Concise yet comprehensive, The Complete Arbitrage Deskbook sidesteps fallacy to present fact. It is the only comprehensive overview of the opportunities and perils in the arbitrage markets­­and today's only complete overview and practical analysis of modern equity arbitrage.

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    Long description:

    The Complete Arbitrage Deskbook explains every aspect of the types, instruments, trading practices, and opportunities of modern equity arbitrage. It travels beyond U.S. borders to examine the worldwide opportunities inherent in arbitrage activities and demonstrates how to understand and practice equity arbitrage in the global professional environment. Written specifically for traders, risk managers, brokers, regulators, and anyone looking for a comprehensive overview of the field of equity arbitrage, this groundbreaking reference provides:&&&61623; Details of the financial instruments used in equity arbitrage—stocks, futures, money markets, and indices&&&61623; Explanations of financial valuation and risk analysis, tailored to the characteristics of the underlying position and market environment&&&61623; Examples of actual arbitrage situations—presenting a real-life snapshot of equity arbitrage in actionThe Complete Arbitrage Deskbook is the only book to combine operational details with practical analysis of modern equity arbitrage. Concise in explanation yet comprehensive in scope, it provides an integrated overview of both the practices and the possibilities of the modern equity arbitrage marketplace.

    The Complete Arbitrage Deskbook explains every aspect of the types, instruments, trading practices, and opportunities of modern equity arbitrage. It travels beyond U.S. borders to examine the worldwide opportunities inherent in arbitrage activities and demonstrates how to understand and practice equity arbitrage in the global professional environment. Written specifically for traders, risk managers, brokers, regulators, and anyone looking for a comprehensive overview of the field of equity arbitrage, this groundbreaking reference provides:&&&61623; Details of the financial instruments used in equity arbitrage—stocks, futures, money markets, and indices&&&61623; Explanations of financial valuation and risk analysis, tailored to the characteristics of the underlying position and market environment&&&61623; Examples of actual arbitrage situations—presenting a real-life snapshot of equity arbitrage in actionThe Complete Arbitrage Deskbook is the only book to combine operational details with practical analysis of modern equity arbitrage. Concise in explanation yet comprehensive in scope, it provides an integrated overview of both the practices and the possibilities of the modern equity arbitrage marketplace.

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    Table of Contents:

    Part I: Theory and Tools.

    Chapter 1: Introduction.

    Chapter 2: Stocks.

    Chapter 3: Futures and Related Instruments.

    Chapter 4: Money Markets.

    Chapter 5: Aggregate Indicators: Stock Indices.

    Part II: Financial Valuation and Risk Analysis.

    Chapter 6: Valuations.

    Chapter 7: Risk Analysis.

    Part III: Common Arbitrage Situations.

    Chapter 8: Index Arbitrage.

    Chapter 9: Risk Arbitrage.

    Chapter 10: Pair Trading and Technical Trading.

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