5 ms·
Is he the only one holding this contract? Can't all of the other holders also do the same thing, now that the tactic is public? In that case, his stake seems l
by arcticfox 10y ago
Is he the only one holding this contract? Can't all of the other holders also do the same thing, now that the tactic is public?
In that case, his stake seems like it would be (Aviva's value) / (number of arbitrage policy holder) as opposed to "100% of Aviva" as posited in the article.
- laughinghan 10y agoAccording to Footnote 5, most of them have settled: Except the other holders of THIS policy! Who exist, though most of them have settled, apparently for relative peanuts. http://www.bloomberg.com/view/articles/2015-02-27/arbitrage-discovered#footnote-1425055756515 http://www.bloomberg.com/view/articles/2015-02-27/arbitrage-...
- arcticfox 10y agoGood find, thanks.