Talk:1499: Arbitrage - Revision history

Ralfoide at 15:18, 19 March 2015

2015-03-19T15:18:45Z

Mikemk at 22:45, 17 March 2015

2015-03-17T22:45:40Z

141.101.92.84 at 00:15, 17 March 2015

2015-03-17T00:15:01Z

108.162.216.192 at 21:19, 16 March 2015

2015-03-16T21:19:56Z

Davidy22 at 21:08, 16 March 2015

2015-03-16T21:08:20Z

Vyzen at 19:29, 16 March 2015

2015-03-16T19:29:49Z

108.162.216.106 at 16:27, 16 March 2015

2015-03-16T16:27:10Z

108.162.242.12 at 16:11, 16 March 2015

2015-03-16T16:11:41Z

141.101.98.63 at 14:20, 16 March 2015

2015-03-16T14:20:18Z

Davidy22: Davidy22 moved page Talk:1499 to Talk:1499: Arbitrage without leaving a redirect: Do you people not look at any of the page titles ever? How do you keep making the same mistake?

2015-03-16T14:14:30Z

Davidy22 moved page Talk:1499 to Talk:1499: Arbitrage without leaving a redirect: Do you people not look at any of the page titles ever? How do you keep making the same mistake?

← Older revision		Revision as of 15:18, 19 March 2015
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	In a nutshell, arbitrage is when you see a price disparity between two markets and you buy from one at a low price, and immediatly sell to the other at a profit. The distinct factor between this and normal trade is that the agent does not maintain an inventory, and the profit is not through interest or maket scarcity. In the case of the comic, the purchase of the chips is at no cost, and presumably he's bagging the chips to resell to the restaurant. [[Special:Contributions/108.162.216.192\|108.162.216.192]] 21:19, 16 March 2015 (UTC)		In a nutshell, arbitrage is when you see a price disparity between two markets and you buy from one at a low price, and immediatly sell to the other at a profit. The distinct factor between this and normal trade is that the agent does not maintain an inventory, and the profit is not through interest or maket scarcity. In the case of the comic, the purchase of the chips is at no cost, and presumably he's bagging the chips to resell to the restaurant. [[Special:Contributions/108.162.216.192\|108.162.216.192]] 21:19, 16 March 2015 (UTC)
		+
		+	:Interestingly, if we assume he's bagging the chips to resell to the restaurant, we could also assume this has already happened. So let's imagine he sold the chips to the restaurant, and now he's "taking" them back. The chips are not "at not cost" -- they are indirectly paid by the restaurant customers as a non-itemized portion of their bill. Presumably the restaurant would not give away the chips at a loss, so essentially he would be paying more for them from his meal's bill than he would get when selling them back to the restaurant. The only way to make a profit here is by being invited and not paying for the meal, or sell them to another restaurant at a higher price (thus the arbitrage.) [[User:Ralfoide\|Ralfoide]] ([[User talk:Ralfoide\|talk]]) 15:18, 19 March 2015 (UTC)

	The title text could be in reference to "There Ain’t Such A Thing As a Free Lunch" (economic concept of arbitrage-freeness). [[Special:Contributions/141.101.92.84\|141.101.92.84]] 00:15, 17 March 2015 (UTC)		The title text could be in reference to "There Ain’t Such A Thing As a Free Lunch" (economic concept of arbitrage-freeness). [[Special:Contributions/141.101.92.84\|141.101.92.84]] 00:15, 17 March 2015 (UTC)

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 I've never been into an "explain" page so early... is everyone on March Break today? [[User:Jarod997|Jarod997]] ([[User talk:Jarod997|talk]]) 12:56, 16 March 2015 (UTC)
 :The comic seemed to be very late, today, for reasons unknown (but perhaps Randall's been on a weekend Pratchett-bender, ''in memoriam'').  All the usual "early-birds" may have had nothing to work with, and perhaps even given up for the day/morning/whatever. [[Special:Contributions/141.101.98.63|141.101.98.63]] 14:20, 16 March 2015 (UTC)
 Is that a facepalm by Cueball? [[Special:Contributions/108.162.254.151|108.162.254.151]] 14:04, 16 March 2015 (UTC)

← Older revision		Revision as of 00:15, 17 March 2015
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	In a nutshell, arbitrage is when you see a price disparity between two markets and you buy from one at a low price, and immediatly sell to the other at a profit. The distinct factor between this and normal trade is that the agent does not maintain an inventory, and the profit is not through interest or maket scarcity. In the case of the comic, the purchase of the chips is at no cost, and presumably he's bagging the chips to resell to the restaurant. [[Special:Contributions/108.162.216.192\|108.162.216.192]] 21:19, 16 March 2015 (UTC)		In a nutshell, arbitrage is when you see a price disparity between two markets and you buy from one at a low price, and immediatly sell to the other at a profit. The distinct factor between this and normal trade is that the agent does not maintain an inventory, and the profit is not through interest or maket scarcity. In the case of the comic, the purchase of the chips is at no cost, and presumably he's bagging the chips to resell to the restaurant. [[Special:Contributions/108.162.216.192\|108.162.216.192]] 21:19, 16 March 2015 (UTC)
		+
		+	The title text could be in reference to "There Ain’t Such A Thing As a Free Lunch" (economic concept of arbitrage-freeness). [[Special:Contributions/141.101.92.84\|141.101.92.84]] 00:15, 17 March 2015 (UTC)

← Older revision		Revision as of 21:19, 16 March 2015
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	I think this might be a reference to Ultra-Low-Latency trading, where arbitreurs with Direct Market Access build faster parallel networks between two market and use the difference in latency to arbitrage before the two markets can communicate. This practice, along with many others, use the financial markets to generate revenue without any real contribution to the economy. {{unsigned ip\|108.162.242.12}}		I think this might be a reference to Ultra-Low-Latency trading, where arbitreurs with Direct Market Access build faster parallel networks between two market and use the difference in latency to arbitrage before the two markets can communicate. This practice, along with many others, use the financial markets to generate revenue without any real contribution to the economy. {{unsigned ip\|108.162.242.12}}
	: It is true that must current arbitrageurs are computer programs doing ultra-high-frequency trading, but arbitrage as a concept is far from limited to that regime. Arbitrage is pretty much the sole way that markets communicate to maintain consistent prices. [[User:Vyzen\|Vyzen]] ([[User talk:Vyzen\|talk]]) 19:29, 16 March 2015 (UTC)		: It is true that must current arbitrageurs are computer programs doing ultra-high-frequency trading, but arbitrage as a concept is far from limited to that regime. Arbitrage is pretty much the sole way that markets communicate to maintain consistent prices. [[User:Vyzen\|Vyzen]] ([[User talk:Vyzen\|talk]]) 19:29, 16 March 2015 (UTC)
		+
		+	In a nutshell, arbitrage is when you see a price disparity between two markets and you buy from one at a low price, and immediatly sell to the other at a profit. The distinct factor between this and normal trade is that the agent does not maintain an inventory, and the profit is not through interest or maket scarcity. In the case of the comic, the purchase of the chips is at no cost, and presumably he's bagging the chips to resell to the restaurant. [[Special:Contributions/108.162.216.192\|108.162.216.192]] 21:19, 16 March 2015 (UTC)

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 Is that a facepalm by Cueball? [[Special:Contributions/108.162.254.151|108.162.254.151]] 14:04, 16 March 2015 (UTC)
-:It looks more like a "My God, what are you DOING?" reaction from Cueball.
+:It looks more like a "My God, what are you DOING?" reaction from Cueball. {{unsigned ip|108.162.216.106}}
-I think this might be a reference to Ultra-Low-Latency trading, where arbitreurs with Direct Market Access build faster parallel networks between two market and use the difference in latency  to arbitrage before the two markets can communicate. This practice, along with many others, use the financial markets to generate revenue  without any real contribution to the economy.
+I think this might be a reference to Ultra-Low-Latency trading, where arbitreurs with Direct Market Access build faster parallel networks between two market and use the difference in latency  to arbitrage before the two markets can communicate. This practice, along with many others, use the financial markets to generate revenue  without any real contribution to the economy. {{unsigned ip|108.162.242.12}}
 : It is true that must current arbitrageurs are computer programs doing ultra-high-frequency trading, but arbitrage as a concept is far from limited to that regime.   Arbitrage is pretty much the sole way that markets communicate to maintain consistent prices.  [[User:Vyzen|Vyzen]] ([[User talk:Vyzen|talk]]) 19:29, 16 March 2015 (UTC)

← Older revision		Revision as of 19:29, 16 March 2015
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	I think this might be a reference to Ultra-Low-Latency trading, where arbitreurs with Direct Market Access build faster parallel networks between two market and use the difference in latency to arbitrage before the two markets can communicate. This practice, along with many others, use the financial markets to generate revenue without any real contribution to the economy.		I think this might be a reference to Ultra-Low-Latency trading, where arbitreurs with Direct Market Access build faster parallel networks between two market and use the difference in latency to arbitrage before the two markets can communicate. This practice, along with many others, use the financial markets to generate revenue without any real contribution to the economy.
		+	: It is true that must current arbitrageurs are computer programs doing ultra-high-frequency trading, but arbitrage as a concept is far from limited to that regime. Arbitrage is pretty much the sole way that markets communicate to maintain consistent prices. [[User:Vyzen\|Vyzen]] ([[User talk:Vyzen\|talk]]) 19:29, 16 March 2015 (UTC)

← Older revision		Revision as of 16:27, 16 March 2015
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	Is that a facepalm by Cueball? [[Special:Contributions/108.162.254.151\|108.162.254.151]] 14:04, 16 March 2015 (UTC)		Is that a facepalm by Cueball? [[Special:Contributions/108.162.254.151\|108.162.254.151]] 14:04, 16 March 2015 (UTC)
		+	:It looks more like a "My God, what are you DOING?" reaction from Cueball.

	I think this might be a reference to Ultra-Low-Latency trading, where arbitreurs with Direct Market Access build faster parallel networks between two market and use the difference in latency to arbitrage before the two markets can communicate. This practice, along with many others, use the financial markets to generate revenue without any real contribution to the economy.		I think this might be a reference to Ultra-Low-Latency trading, where arbitreurs with Direct Market Access build faster parallel networks between two market and use the difference in latency to arbitrage before the two markets can communicate. This practice, along with many others, use the financial markets to generate revenue without any real contribution to the economy.

← Older revision		Revision as of 16:11, 16 March 2015
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	Is that a facepalm by Cueball? [[Special:Contributions/108.162.254.151\|108.162.254.151]] 14:04, 16 March 2015 (UTC)		Is that a facepalm by Cueball? [[Special:Contributions/108.162.254.151\|108.162.254.151]] 14:04, 16 March 2015 (UTC)
		+
		+	I think this might be a reference to Ultra-Low-Latency trading, where arbitreurs with Direct Market Access build faster parallel networks between two market and use the difference in latency to arbitrage before the two markets can communicate. This practice, along with many others, use the financial markets to generate revenue without any real contribution to the economy.

← Older revision		Revision as of 14:20, 16 March 2015
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	I've never been into an "explain" page so early... is everyone on March Break today? [[User:Jarod997\|Jarod997]] ([[User talk:Jarod997\|talk]]) 12:56, 16 March 2015 (UTC)		I've never been into an "explain" page so early... is everyone on March Break today? [[User:Jarod997\|Jarod997]] ([[User talk:Jarod997\|talk]]) 12:56, 16 March 2015 (UTC)
		+	:The comic seemed to be very late, today, for reasons unknown (but perhaps Randall's been on a weekend Pratchett-bender, ''in memoriam''). All the usual "early-birds" may have had nothing to work with, and perhaps even given up for the day/morning/whatever. [[Special:Contributions/141.101.98.63\|141.101.98.63]] 14:20, 16 March 2015 (UTC)

	Is that a facepalm by Cueball? [[Special:Contributions/108.162.254.151\|108.162.254.151]] 14:04, 16 March 2015 (UTC)		Is that a facepalm by Cueball? [[Special:Contributions/108.162.254.151\|108.162.254.151]] 14:04, 16 March 2015 (UTC)

← Older revision	Revision as of 14:14, 16 March 2015
(No difference)