Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated history of working in both institutional and retail environments, from broker-dealers to ...

Arbitrage is a fundamental concept in finance, playing a crucial role in determining prices for assets like currencies, ...

One by one, the opportunities to make arbitrage profits out of convertible bonds have disappeared. It’s no wonder the smartest hedge funds are bailing out. GLG, one of the biggest, recently entered ...

Risk-free profit. It sounds nice, doesn't it? That's what arbitrage strategies look to accomplish. But what is arbitrage? The term "arbitrage" tends to get thrown around a lot, and not always ...

The Ionic Convertible Master Fund, which has $100 million under management, focuses on high-delta convertible bonds that trade at discounts to listed equity volatility. Ionic Capital Management has ...

Hedge funds look for new game plans Convertible arbitrage and short-selling have been the cornerstones of hedge fund strategies. Competition and difficult underlying markets, however, are forcing ...

January’s Hennessee Group poll of hedge fund managers predicted that convertible arbitrage would earn between 5 and 6 percent this year. As of the end of July, the number was in the ballpark -- it was ...