Throughout this book I have stressed the shared characteristics of the different financial markets while looking at the major sectors in detail. The reader will by now be familiar with the key principles that govern pricing in the financial industry. But as this philosophy of interconnectedness, assisted by improved technology and higher quality information, permeates the markets, it is becoming increasingly difficult to operate effectively. As market anomalies become ever more obscure, the problem of identifying and exploiting risk-reward misperceptions gets increasingly complicated. But this is the fundamental task of any market participant, be they trader, arbitrager or risk manager.
Weitere Kapitel dieses Buchs durch Wischen aufrufen
- The ConTROL Methodology
- Palgrave Macmillan UK
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