4 ms·
This is one of my favorite papers explaining possible problems with arbitrage. http://www.math.mcmaster.ca/~grasselli/ShleiferVishny97.pdf http://www.math.mcmas
by nasmorn 14y ago
This is one of my favorite papers explaining possible problems with arbitrage. http://www.math.mcmaster.ca/~grasselli/ShleiferVishny97.pdf http://www.math.mcmaster.ca/~grasselli/ShleiferVishny97.pdf
It is not directly applicable to HFT though.