NEW YORK, Oct 7- U.S. stock exchange rules designed to protect investors from market routs backfired on Aug. 24, exacerbating a selloff in exchange traded funds, BlackRock Inc said in a report published Wednesday. BlackRock blamed both automated selling by investors and exchange-required trading halts for a dislocation in ETF pricing that morning, when a broad...» Read More
Merger arbitrage investors are braced for a second consecutive month of losses with a string of unexpected upsets leading to a difficult period for the hedge fund strategy, the FT reports.
Put-Call parity demonstrates the relationship between shorts, puts, calls, and bonds. The proper combination of each can yield equal payouts. Salman Khan of the Khan Academy explains.