assuming everyone is talking about beta wrt market prices...to be clear, the vol also has a beta wrt market vol as well...

for the stat arb, or "pairs trading" world, it often does not make sense trade securities in pairs according to method here.

<t>1) corporate veil can be peirced, ie sub can default indepenly of parent and vice2) inverted credit curve can appear, especially in times of distress when all securities tend to heir recovery values...QuoteOriginally posted by: skeptible1) If Ford buys Hertz, then shouldn't the CDS curve be the s...

is it flow trading?

Stat arb is more of an IR marketing term than anything else...

am a bit unclear on what you are trying to do, some thoughts1) by beta you mean "market risk"2) you want to do a risk reducing trade?3) have you a well defined utility function?4) a safe rule of thumb is to make sure that the ris reduc trade has some positive mu...

depends on 1) your time horizon and 2) outlook of the direction of US leadership of world economy personally, short term, NY - long term, London

that dice question is lame... here is a slightly less lame variant:what is the number of expected rolls of a dice to consecutively get a 2-3 ???

wibble, kr's comments are insightful. to keep it simple would use some I-rate model and make tweaks as required by your needs

depends what your goal is. if it is to maximize your likelihood of getting a a quant job, CU hands down

Boston however is probably an optimal location to be a student...

A few firms have opened up that do front-office outsourced work in IndiaOffice-Tiger: mostly publishing and analyis (creating pitchbooks)EvalueServe: mostly market researchPersAnalyst: on the more quanty side, hedge fund clients...perhaps try e-mailing their websites?