套利

One good thing this week so far is no one is spreading short wheat against long corn or beans.

这周的一个好消息是没有买大豆玉米抛小麦的套利出现。

Nobody wants to be left holding the bag all the way down to the bottom of the slide, long after the hedge funds have sold out.

在套利基金全部售光了之后，没人想要留下一直拿著袋子下来给幻灯片的底部，长。

Some players really want the yen carry trade to come back,' said Yuji Matsuura, who heads trading at Aozora Bank.

青空银行的外汇交易主管Yuji Matsuura表示，一些投资者的确很想恢复日圆融资套利交易。

Currently, there is a massive arbitrage in the gasoline and crude oil markets on the New York Mercantile Exchange.

目前，在纽约商品交易所的汽油和原油市场存在一个巨大的套利机会。

Such as Markowitz"s modern assets portfolio theory, Sharp, Minter and Mossin"s Capital Assets Price Model; Ross"s Arbitrage Pricing Theory; Black-Scholes"s the option of fixes the price classical capital market theories. They are all based on EMH.

例如马克维兹现代资产组合理论，Sharp、Minter、Mossin的资本资产定价模型，罗斯的套利定价理论，Black-Scholes的期权定价公式等经典资本市场理论，都是以有效市场假设为前提的或者与之有密切的联系。

Along with the time past and development of research, the market segmentation hypothesis is mislay, expectation hypothesis and liquidity preference hypothesis are unilateralism.

其中随机贴现因子理论是最一般、最广泛应用的理论，无套利定价理论以及风险中性定价理论均可由随机贴现因子理论推导出来。

While it is Modigliani and Miller who first use no arbitrage principle in corporate finance field to explain MM theory, which is about the relationship of firm"s capital structure and it"s value.

无套利均衡分析在公司理财领域的运用最早体现在莫迪格莱尼和米勒(1958)研究企业资本结构与企业价值之间关系的MM理论中。

Sports arbitrage trading is one of the hottest things out there today in the money-making scene in the Internet.

体育套利交易是其中一个最热门的事情，今天在赚钱现场，在互联网上。

In the United States, hedge funds are open to accredited investors only. Because of this restriction, they are usually exempt from any direct regulation by the SEC, NASD and other regulatory bodies.

在美国，套利基金只对信用审查合格的投资者开放，由于这一限制，它们通常不需要SEC、NASD及其它管理机构进行直接管理。

Because of embedded option, the cash flow of callable bond is not certain. Fortunately, it has the same future cash flow as the portfolio of one long noncallable bond and one short call option on the callable payments. So under a nonarbitrage condition, the value of callable bond equals the difference of the value of noncallable bond and call option.

由于内嵌看涨期权的存在，可赎回债券的预期现金流事先并非确定，但因其未来的现金流表现与持有可比普通债券和卖空看涨期权的投资组合相同，故而可赎回债券的价格在无套利条件下应等于可比普通债券减去看涨期权的差值，也就是说用于普通债券的一般定价和度量方法并不适用于此种特殊的选择权债券。

Plunder melds and run with this jewel!

掠夺melds和运行与此宝石！

My dream is to be a crazy growing tree and extend at the edge between the city and the forest.

此刻，也许正是在通往天国的路上，我体验着这白色的晕旋。