E Euler Feb 17, 2009 #41 Quote from intradaybill: Inversion is simple. There is not any issue about inversion. As someone else put it brilliantly, it is an issue about consistency. More... It's also about liquidity and transaction costs.
Quote from intradaybill: Inversion is simple. There is not any issue about inversion. As someone else put it brilliantly, it is an issue about consistency. More... It's also about liquidity and transaction costs.
A andrewbee Feb 17, 2009 #42 Quote from Euler: It's also about liquidity and transaction costs. More... That's why only lower-frequency systems lend themselves to inversion, where tx costs are less of a factor. This has already been covered in this thread.
Quote from Euler: It's also about liquidity and transaction costs. More... That's why only lower-frequency systems lend themselves to inversion, where tx costs are less of a factor. This has already been covered in this thread.