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Thanks. In that case, isn't someone taking on risk by moving coupons around?
by jfuhrman 11y ago
Thanks. In that case, isn't someone taking on risk by moving coupons around?
- juliangregorian 11y agoIt seems like they're talking about arbitrage, in which case there's essentially no risk involved, as the whole game is exploiting momentary differences in bid/ask price at different exchanges.