TV Tokyo, one of the major TV networks in Japan, features a weekly business news program called “Dictionary of Money.”
The purpose of the program – which has approximately 10 to 15 MILLION viewers nationwide – is to educate its audience about the U.S. economy and New York City as the financial center of the world.
Lubin School of Business Professors are becoming “regulars” with recent guest appearances by:
* Iuliana Ismailescu, Ph.D., Assistant Professor of Finance, who discussed “Arbitrage” (the practice of taking advantage of a price difference between two or more markets).
* Aron Gottesman, Ph.D., Associate Professor of Finance, who explained the concept of “Bid-Ask” (essentially the difference in price between the highest price that a buyer is willing to pay for an asset and the lowest price for which a seller is willing to sell it).
Dr. Iuliana Ismailescu simplifies “Arbitrage” for Dictionary of Money’s almost 15 million viewers, by explaining:
* What is it?
* How does it work?
* Is it risk-free?
* Who/What is an arbitrageur?
Dr. Aron Gottesman, on the subject of “Bid-Ask,” discusses:
* Where and how is this used in the market/NYSE etc.
* Who bids, and who asks.
* Defines what roles they play.
* Gives examples of how the process works.
Click on the links, then the forward arrow to the bottom left of the TV screen, to learn more about these topics.