Explore the essential roles of speculators and arbitrageurs in financial markets, focusing on their contributions to market liquidity, price discovery, and the enforcement of the law of one price.
Explore the intricate mechanics of short selling in the financial markets, including its process, strategic rationale, potential risks and rewards, and its impact on market dynamics.
Explore the multifaceted impact of short selling on market efficiency, price discovery, and investor sentiment. Delve into empirical evidence and debates surrounding this controversial financial practice.