to arbitrage and it's consequence on the informativeness of prices. Using the existence of an acquirer termination fees …

arbitrage crashes and failure of systemically important intermediaries during the global financial crisis. Intermediaries pledge … productive capital as repo collateral to fund the margin for their arbitrage positions. A tiny drop in the market liquidity of … movements and losses. This further reduces the collateral value of arbitrage portfolios and triggers more fire-sales in both …

-Version with Non-Marketable Income -- 1.6. The Segmented Markets Model -- 1.7. Synopsis of the Main Results -- The Role Arbitrage … Played in the Described Asset Pricing Theories -- 2. Taxonomy of Arbitrage in Financial Markets -- 3. Modelling and First … Consequences of Arbitrage and No-Arbitrage Conditions -- 3.1. Notational Conventions; Arbitration and Spreads -- 3.2. Arbitration …