I am fairly new at pairs trading and trying to evaluate whether there is any value in using currency ETFs for carry trades? i.e. buy a long/short pair and perhaps take out some of the vol buy buying the opposite trade.
I know that Rydex, Profunds and Powershares have ETFs. Does anyone use them? What are the pros and cons?
Thanks
I know that Rydex, Profunds and Powershares have ETFs. Does anyone use them? What are the pros and cons?
Thanks