Prior to Bankers Trust, Mr. Mitchell was an Associate Managing Director of Wertheim Schroder & Co. and
a risk arbitrage trader at Wertheim.
Not exact matches
For example, day
traders using
arbitrage strategies will profit from the difference in price between an American Depository Receipt («ADR») and foreign stock until there's virtually no price difference left minus the
risk premium.
This is because, if there are stocks available to short, and the futures price is in backwardation, a
trader can make an
arbitrage profit by shorting the commodity in the spot market, buying the futures contract and investing the proceeds at the
risk free rate.
On January 15, 2015, when the Swiss National Bank eliminated its currency's Euro - peg, the value of that currency moved 30 % in minutes, wiping out many currency
traders in what were thought to be low -
risk arbitrage - like investments.