reasoning. If arbitrage was indeed the cause of mean reversion, one would expect to see a quantity respose of trade flows at the … arbitrage, which requires a minimum divergence before the costs of arbitrage can be recouped. In this paper, we examine this … significant evidence of trade flows changing at the points of mean reversion. Alternative explanations of mean reversion, notably …

reasoning. If arbitrage was indeed the cause of mean reversion, one would expect to see a quantity respose of trade flows at the … arbitrage, which requires a minimum divergence before the costs of arbitrage can be recouped. In this paper, we examine this … significant evidence of trade flows changing at the points of mean reversion. Alternative explanations of mean reversion, notably …

paper thereforestudies whether pure arbitrage opportunities existed ina sports prediction market. Moreover, market … substantial arbitrage opportunities available.Furthermore, we find that market markers play animportant role in prediction markets …

News of enormous trade deficits began affecting asset prices in the mid-1980s. Some have suggested that trade deficit … news contributed to the October 1987 stock market crash. This argument would be more compelling if the trade deficit were a … source of systematic risk to asset prices, since then trade deficit news could have contributed to the increased perception …

This paper sets forth the foundations for a transactional approach for the performance of arbitrage in foreign exchange … markets. Firstly, we review both the standard model of financial arbitrage and the so-called covered-interest arbitrage … expand on its main tools of analysis, namely differential rates, residual information sets, arbitrage gaps and transaction …