SumitIt’s not often that I can point to my own fixed income arbitrage opportunities, but the latest one, one of my own, is here, in the form of a podcast. I was talking to my buddy Matt at the office, and he told me about this podcast called How to Listen. It’s hosted by three economists from Columbia University, and they are talking about their own fixed income arbitrage opportunities.
I’m kind of a fixed income arbitrage nerd. I have a few different ways to make money from my money, not the least of which is arbitrage. In terms of arbitrage, there are two things I’m very good at: I’m a high-frequency trader and I’m an arbitrager. High-frequency traders can be profitable if their trades are in line with what they think is going to happen in the market.
The second thing I’m good at is arbitrage. An arbitrager does one thing well. They take arbitrage opportunities and turn them into money. An arbitrager can earn some real money by arbitraging the best prices in the market. For instance, if a company wants to sell a particular product for $20, and the company’s selling the product for $17.
That’s right. An arbitrager can take a trade that you did earlier at 25.00 and turn it into a profit. That could be a nice little break for your bank’s account.
If you’ve ever bought something at 50% off, you know the experience is always a bitch. Especially if you’ve found the product at a great price when it’s half off. So to hedge, an arbitrager might take a trade of 50% off of something and only pay the 17.50. So this arbitrager is going to take the trade, pay the 17.50, and then pocket the difference.
Yeah, that could be a nice little break for your banks account. Just make sure you don’t let that money sit on the line.
The arbitrager will do this because he has no money and is forced to either pay the 17.50 or lose the product. If he doesn’t pay, he loses money, and he also loses the product. Sure this sounds like an easy way to make a nice little side income, but it’s not. A smart arbitrager will know that the 17.50 is not a very good exchange rate and only gets you the product when a better exchange rate is offered.
The company that owns this website is currently in the process of selling all the information it provides about the game. I can’t find any info on who owns the company.
You need to find out who owns it. If the company is owned by a company that is selling the information that lets you know what you have to do to keep your product, then the company is in the wrong. If you can’t find out this information then you’re not going to make any money. If the company is not owned by a company that allows you to sell the information on its website, then the company is in the right.
