StatArb has no dependency on equities. This is arbitration, Arbitration between two markets, his local craigslist market and the rest of the online market. Ther

StatArb has no dependency on equities. This is arbitration, Arbitration between two markets, his local craigslist market and the rest of the online market. There is no hoping, hes priced the item in one market and it is above the price of another, that is pure arbitrage.