ETF Fund Arbitrage Software What is ETF Arbitrage? How to arbitrage?

Our company has this software, which is specially designed for arbitrage investors.

If you are a ** investor, then you will have the best way to buy and increase your returns.

The ** in your hand, no matter which ** distribution channel (bank, ** company or brokerage) you originally bought in, whether you are open base, closed base, or LOF ETF, transfer to our ** business department can get a reward of one thousandth (the minimum is 50 yuan).That is to say, no matter if you were in **** before, as long as you transfer to us, the handling fee will definitely be one thousandth lower than others. This part of the reward can also be awarded to the introducer or the manager of the institutional investor.

With us, we have the lowest over-the-counter subscription fee in the country.

The advantages of transferring the open ** from the bank or **company to the ** company are: the redemption time is greatly shortened and there are arbitrage opportunities, the redemption time: the bank channel ranges from T+5 to T+7, and the brokerage channel is below T+3.

The arbitrage operation increases income by about 3/1000 each time, the more operations, the more income, and the arbitrage income is superimposed on the income is your total income (for example, the average annual income of a ** is 30%, the average annual income of arbitrage operations is 17%, and the average annual investment income of the two is 47%, far exceeding the income level of Huaxia**. It is important to note that due to the volatility of the underlying market, ** returns are not positive every year, but arbitrage returns are always positive). Due to the inconsistency between the trading** and the net value of the listed ** (mainly LOF, ETF), if there is room for the price difference after deducting the necessary handling fees, cross-market arbitrage can be implemented.

In addition, part of the closed-end ** initial offering, LOF fundraising and daily subscription may be implemented in the over-the-counter agency, if the part of the ** share wants to be transferred to the secondary market for trading, this involves the cross-system transfer of custody. Transferring ** from over-the-counter to on-site, or on-site to off-site, is a necessary step for arbitrage (some brokerages can directly implement it in the market, but due to the high handling fee in the market, there is generally no arbitrage space). Not all brokers are qualified to do this business, and not all brokers with this qualification are willing to accept this business.

Our company warmly welcomes all investors to transfer ** from the over-the-counter to our company's on-site trading, and investors in need can contact me to start this business. In order to support investor arbitrage, our company will have a great discount on the subscription fee of the over-the-counter ** (to ensure the cheapest in the country, and there will be a prize for the transfer of ** shares).

What is ETF Arbitrage High Roll? How do you hedge? ETF arbitrage means that when the net value of ETF secondary market transactions and shares deviates, investors can arbitrage between the primary market, the secondary market and the spot market to obtain risk-free returns.

When the ETF secondary market price is lower than the net profit, the ETF buyback is purchased in the secondary market, and the **repurchase portfolio**.

When the ETF secondary market** is greater than the net profit, you can buy the portfolio** in the two-lead wild market, buy ETF shares, and the sales revenue ETF shares can be.

The full name of ETF is transactional open-ended**, mainly used to track the index, in addition to investing in ETF can be bought low and sold high, you can also use ETF for arbitrage, so what does ETF arbitrage mean? How do ETFs arbitrage?

1. Since ETFs have both secondary market trading and subscription and redemption mechanisms. Therefore, there are two **, namely the ETF market** and the net unit value of Luming**, and investors can use these two ** to carry out arbitrage transactions when there is a price difference. ETFs are divided into premium arbitrage and discount arbitrage, and the specific methods are as follows.

2. Premium arbitrage. When the secondary market is greater than the net value, you can arbitrage at a premium, the method is: ** refers to the vertical number of constituent stocks - subscribe to the ETF - sell the ETF - take more money and leave;

3. Discount arbitrage. When the secondary market** is lower than the net value, you can discount arbitrage. The method is: cash **ETF - redemption ** - sell ** - get cash.

In fact, it is precisely because of the existence of the arbitrage mechanism that the trading of ETFs will not deviate too far from the net value. Hope the answer is helpful to you.

Arbitrage methods.

Arbitrage needs to be operated on two sides, where the sell operation is performed on the operation and the operation is carried out on the operation. The advantage of ETF** is that it can be traded on T+0 in disguise, but the cost is relatively high. After tracking since the opening of the market, T+0 trading has not brought a significant increase in returns.

Therefore, in order to reduce transaction costs, in principle, we implement the T+1 trading method, that is, after opening a position on the same day, it can only be closed on the second trading day. Due to the high proportion of arbitrage operations, new positions can only be opened after they are closed.

Funding requirements. The amount of funds in the spot and ** needs to match. At the beginning of the listing of the stock index ** on April 16, the contract value of 1 stock index ** contract was about 1 million, so the spot side needed to prepare about 1 million funds for the purchase of ** portfolio. On the other hand, the margin ratio on April 16 was 15%, so a margin of about 150,000 was required.

At the same time, investors are also required to prepare a roughly equal amount of funds as maintenance margin. Therefore, in terms of **, it is necessary to prepare at least 300,000 funds. **Spot together, about 1.3 million, can be used for one-hand spot arbitrage operations.

And so on, it takes 2.6 million yuan to carry out two-handed operations.

Funds allocation, spot funds need to be dynamically allocated according to the spot. Suppose we have 1.3 million funds for spot arbitrage, and we can perform one profit operation each time. Taking the opening data on April 19 as an example, **** is the point, the spot ** point, and the simulated price of the ** combination is the point.

The amount of funds required is as follows.

Meta)Combination: (meta), where is the constant term used in the regression analysis.

In the portfolio, the amount of funds of different ** also needs to be dynamically allocated according to **. Taking the opening data on April 19 as an example, 180 ETF ** yuan, which requires 565574 yuan of funds, and 100 ETF ** yuan, which requires 452458 yuan of funds.

The opening and closing indicators, according to **, dynamically set the arbitrage operation indicators. There are 3 types of indicators: the indicator of opening a position, the indicator of closing a position, and the indicator of stopping loss.

When the current spot price difference is higher than the opening indicator, the arbitrage operation begins; When the spread is lower than the close-out indicator, the arbitrage is closed. If the spread fluctuates in the opposite direction after opening a position, the stop loss indicator is reached, and the stop loss closing operation is executed.

ETFs, also known as exchange-traded funds, are a special type of open-ended that combines the advantages of closed-end and open-ended. Investors can not only buy and sell ETF shares in the secondary market, but also subscribe and redeem ETF shares from ** companies. Since there is a secondary market transaction and a subscription and redemption mechanism at the same time, investors can carry out arbitrage transactions when there is a price difference between the ETF secondary market trading** and the net value of the **share.

In practice, there are two ways for ETFs to achieve arbitrage, when the ETF is trading at a premium, that is, when the secondary market is higher than its net value, the primary market participants of the ETF can subscribe to the SSE 50 ETF in the primary market by forming the same combination as the package announced on the same day, and then sell the corresponding share of the SSE 50 ETF on the exchangeIn this way, without considering the transaction costs, the cost of the investor to buy in the **market** should be equal to the net unit value of the ETF, and since the ETF is traded at a premium in the secondary market, the investor can take advantage of the difference.

When an ETF is traded at a discount, i.e., when the secondary market** is trading below its net value, arbitrage traders can obtain arbitrage income through the opposite operation. That is, the primary market participants of the ETF can list the ETF 50 ETF in the secondary market**, redeem the same amount of ETF in the primary market at the same time (get a portfolio representing the ETF**), and sell the redeemed ** in the secondary market. If transaction fees and liquidity costs are not taken into account, then the value of the ** redeemed by the investor selling in the secondary market should be equal to its **net worth, and since the ETF is traded at a discount, the arbitrageur can profit from it.

The main capital changes, and my wealth is tracked simultaneously....）

The secondary market trading of the String 6 ETF is similar to that of a company, where investors can buy and sell ETF shares in cash through any of the companies. The smallest unit of ETF secondary market trading is one lot (100 shares on one finger, about 100 yuan), and the capital threshold is low, and a small amount of money can participate. The secondary market transaction fees of SSE 50 ETF are much lower than the subscription and redemption fees of traditional indexes**, and the cost of frequent trading is low. The secondary market trading is similar, and the volatility of the trading day is large (unlike the traditional open-ended index, which has only one transaction per day - the net value of the share), which is convenient for investors to obtain income through swing operations.

In other words, the ETF's return is derived from the volatility of the index, not necessarily unilateral**. However, it is a pity that in order to carry out "T+0", the capital must be more than 1 million yuan, and small and medium-sized investors have no chance of "T+0".

The arbitrage methods of ETF** mainly include the following:

1. Using the difference between the net value of ETF** and the secondary market** for arbitrage This is the most basic way of ETF** arbitrage, and it is also the advantage of ETF**, because of the existence of arbitrage, its secondary market ** and its **net value will not deviate greatly. The specific arbitrage path is as follows: if the net value of the ETF** is lower than that of the secondary market**, investors can first buy a basket** (such as buying the SSE 180 Index** portfolio), and then subscribe to the ETF** in the primary market of the ETF with a basket**, and at the same time sell the ETF** in the secondary market according to the higher market**, so as to achieve arbitrage; Conversely, if the net value of the ETF is higher than that of the secondary market, investors can operate in reverse, that is, buy the ETF at a lower market in the secondary market, and then redeem a basket of portfolios in the ETF primary market, and at the same time sell the portfolio in the secondary market to achieve arbitrage.

Of course, the above arbitrage is subject to secondary market transaction fees and ETF** subscription and redemption fees, and can only be operated when the arbitrage income is greater than the above costs.

2. Short a constituent stock of ETF**.

This arbitrage method takes advantage of the ETF** trading rules. ETFs** all invest in a certain index, such as the SSE 180 Index, SSE 50 Index, Shenzhen 100 Index, etc. When a constituent stock in the index is suspended, the ETF will be subscribed or redeemed in the primary market according to the pre-suspension basis.

A typical case of shorting ETFs** is Yangtze Power. When Yangtze Power was suspended, the Shanghai Composite Index was around 4,000 points, and after the suspension, the Shanghai Composite Index went all the way to 1,600 points. The general view of institutions is that Yangtze Power will make up for the decline after the resumption of trading.

Therefore, investors who hold Yangtze Power first buy the other 179 constituent stocks to build the SSE 180 Index, and then subscribe for ETFs in the primary market** and sell ETFs in the secondary market at the same time, so as to achieve the purpose of selling Yangtze Power according to the pre-suspension period. Although the resumption of trading of Yangtze River Power in 09 did not fall but rose, investors who shorted Yangtze River Power suffered losses. However, this arbitrage method is still very practical.

3. Long a constituent stock of ETF**.

Again, this arbitrage method also makes use of the trading rules of ETFs**. A typical case of long ETF** is the recent deep development, Ping An's "deep flat love". When announcing Ping An's acquisition of Shenzhen Development**, both ** were suspended.

The market is widely expected to see both large numbers after the opening. Therefore, investors can invest in ETFs in the secondary market (the indices of this investment should include Ping An of China and Shenzhen Development**). For example, the SSE 50 Index ETF (including Ping An of China) and the SZSE 100 Index ETF (including Shenzhen Development), and redeem the ETF in the primary market, obtain the SSE 50 Index ** portfolio or the SZSE 100 Index ** portfolio, and then sell the other ** in the secondary market, only retain Ping An of China or Shenzhen Development**, and sell them at a higher price to achieve arbitrage income after the resumption of trading.

First, prepare millions of funds, go to the business department of the ** company you trust more to consult, and you will have someone to teach you if you have enough funds.

Second, the purchase of professional ** software and professional arbitrage software are charged. Shenzhen Honghui or Shanghai Moqi.

Third, apply for an account, a few computers, you can operate.