In recent years interests in “Exchanged Traded Funds” has increased substantially. As a result of investors' interest and the surge of cash flowing into these interments, there has been a surge in number of ETF's. These days there are ETF's which trace all kind of domestic and international...

In finance, arbitrage is an essential framework to understand asset pricing. However, the study of anomalies also called as premiums, which are not arbitrageable has led to a debate regarding whether markets are efficient in correcting price imbalances or is inefficiency a reality. This is why...