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Title: The Complete Arbitrage Deskbook by Stephane Reverre ISBN: 0-07-135995-8 Publisher: McGraw-Hill Trade Pub. Date: 04 April, 2001 Format: Hardcover Volumes: 1 List Price(USD): $59.95 |
Average Customer Rating: 3.89 (9 reviews)
Rating: 2
Summary: definitely not technical !
Comment: I bought this book in order to improve my knowledge on arbitrage. I was expecting to find some practical applications on the market like on (equity) pairs trading, yield curve arbitrage. The book provides a very broad and general overview on the concept of arbitrage and it is a very good book for someone who wants to understand the meaning of arbitrage and how and where he can do it. If you already know what arbitrage is, you dont need to read it.
Rating: 3
Summary: good introduction, but lack of depth...
Comment: This is a broad introduction into equity arbitrage world, but not much depth is provided. There is a better book on risk arb by Moore. I am still looking for a "real" book on statistical arb.
Rating: 5
Summary: Very comprehensive, but may not suit all time frames
Comment: Reverre has written a very comprehensive book, covering all instruments. Quite importantly, he has gone beyond conventional merger arbitrage for the equity markets, and details both fundamentally based equity arbitrage techniques and statistical arbitrage, based on return correlations. The optimal audience is probably financial institutions with a speculative timeframe of a few days and upwards. The outlined methodologies do not include intraday arbitrage; however, the astute trader could probably modify the interday strategies to the intraday trading horizon, by constantly monitoring evolving bid and ask spread differentials at the microscopic level, rather than monitoring conventional interday spreads (without placing too much, if any, emphasis on bid-ask differentials).
For the private trader, the book does provide some food for thought; however, unless a private trader has access to cutting edge technology and the appropriate price feeds, he will not be able to effectively execute too many of the posited strategies.
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Title: Convertible Arbitrage: Insights and Techniques for Successful Hedging by Nick P. Calamos ISBN: 0471423610 Publisher: John Wiley & Sons Pub. Date: 13 June, 2003 List Price(USD): $59.95 |
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Title: Risk Arbitrage: An Investor's Guide by Keith M. Moore ISBN: 0471248843 Publisher: John Wiley & Sons Pub. Date: 27 August, 1999 List Price(USD): $75.00 |
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Title: Market-Neutral Investing : Long/Short Hedge Fund Strategies by Joseph G. Nicholas ISBN: 1576600378 Publisher: Bloomberg Pr Pub. Date: 14 September, 2000 List Price(USD): $69.95 |
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Title: Macro Trading & Investment Strategies : Macroeconomic Arbitrage in Global Markets (Wiley Trading Advantage Series) by Gabriel Burstein ISBN: 0471315869 Publisher: John Wiley & Sons Pub. Date: 22 January, 1999 List Price(USD): $59.95 |
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Title: Fixed-Income Arbitrage: Analytical Techniques and Strategies by M. Anthony Wong ISBN: 0471555525 Publisher: John Wiley & Sons Pub. Date: 12 August, 1993 List Price(USD): $79.95 |
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