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compete on the gold market. They all adjust to the daily gold fixing price, therefore never diverging significantly from each … of mispricing between the three gold ETFs which create arbitrage opportunities. Increased trading pressure following the …
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Cryptocurrencies are a new emergence at the intersection of technology and finance. It is therefore of particular interest whether cryptocurrencies can form a new asset class or need to be subsumed under an existing one. We find that cryptocurrencies show characteristics of a distinct asset...
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