Kambhu, John (contributor) - 2004 - [Elektronische Ressource]
. Specifically, we focus on convergence trading, in which speculators take positions on a bet that asset prices will converge to … normal levels. We investigate how the risks in convergence trading can affect price volatility in a form of positive feedback … that level. -- convergence trading ; interest rate swaps ; swap spread ; repurchase contracts ; trading risk ; volatility …