Strategy description
This strategy consists of exploiting any arbitrage opportunities
within the capital markets.

These include
1. Futures and Cash Arbitrage.
2. Volatility Arbitrage using Options and Futures.

Source of performance:
Generating returns from cost of carry, higher implied volatility decay
versus realized volatility and event driven mis-pricing opportunities.

Process
1. Identifying favorable arbitrage opportunity.
2. Verifying expected ROI versus floor rate.
3. Checking Implied against realized volatility.
4. Simultaneous execution of trades.
5. Squaring off positions or waiting till expiry.
6. Generating optimal returns.

Main sources of risks
Execution, Illiquidity, Pricing, Regulatory.