Going from memory, but I don’t remember seeing in 2009:
- any option spreads
- VWAP, implementation shortfall
… so thinking these could be likely hits in ‘10?
Re-takers: is this right? can you think of others?
No, it’s not gambling … think the old tests prove that they spread the material over the years.
e.g. I don’t remember much on hedge funds, a huge Alt Inv’ts topic. Also, I predict they’ll ask anything on Pension A&L since they cornholed us with that question on the a.m. session.