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 ...
Convertible bonds last year were faced with no choice but to deleverage their portfolios with the ban of short selling, and the seizing up of the credit markets cutting off their supply of debt ...
A team of traders specializing in convertible bonds at multistrategy hedge fund LMR Partners is on track for record yearly ...
Arbitrage trading involves profiting from price differences of the same asset in financial markets. True arbitrage can yield riskless profit, which traders aim for. When executed well, an arbitrage ...
A recently launched exchange-traded fund, named the REX Bitcoin Corporate Treasury Convertible Bond ETF (NASDAQ:BMAX), began trading on Friday, focusing on convertible bonds issued by firms that hold ...
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 ...
At the end of January, the Nielsen Company, best known for collecting television viewing data, offered $250 million in convertible bonds as part of its $1.6 billion initial public offering package.
During the first four months of this year, convertible investors witnessed a peculiar event. While the Standard & Poor's 500 dropped 4.0 percent, convertible funds declined 6.6 percent, according to ...
TOKYO (Reuters) - Shares of Sony Corp tumbled over 10 percent on Thursday, a day after the consumer electronics maker said it will raise 150 billion yen ($1.9 billion) through a sale of convertible ...
South Korea may see a wave of convertible bond issuance once a short-selling ban is lifted soon, thanks to the likely return of hedge funds that are major buyers of the hybrid debt. A senior banker at ...