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标题: CTAs - profitable arbitrage trades [打印本页]

作者: joehogue 时间: 2011-7-11 19:36 标题: CTAs - profitable arbitrage trades

"CTAs are more likely to be able to conduct profitable arbitrage trades between stock, bonds, futures, options and cash markets because of differential carrying costs between investors"

Can someone plz explain?
I don't get "differential carrying costs between investors"...
And how can CTAs take advantage of that?

P. 126 CFA Volume 5

作者: 注金证 时间: 2012-5-17 21:04

一年后的我，看到此帖，同问？？什么是carrying costs

作者: tyleung1 时间: 2012-5-31 14:52

其實好SIMPLE
因為他們可以拿都更好的INTEREST，和更LOW的TRANSACTION COST, 所以他們在CASH MARKET, SPOT and derivative market,，都可以用更LOW的COST去買STOCK，IMPLEMENT arbitrage strategy, and provide liquid to market to earn the risk premium. 而其他的INVESTOR，要給更高的INTEREST，TRANSACTION COST，那CTA可以EARN 那個SPREAD DIFFERENCE>

作者: poi1010 时间: 2012-10-10 11:32

看看看看看看看看看看看

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