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Isn't this a legitimate trading strategy in financial circles Contracts like credit default swaps pay out if some organisation fails to meet their (debt) oblig

• OJFord 6y ago
  Yes, but I'd compare it to - or even say that it is a form of - arbitrage. The payouts on these flights should cause the insurance company - instead of adding terms clauses - to increase the price by recognising some of the same patterns she has, and thus reducing the difference in price (/value) between the 'markets'.
• gpderetta 6y ago
  Sure, but trading with insider information is illegal in most regulated financial markets.
• koheripbal 6y ago
  Not in this case because she used fake names to initiate the contracts to avoid detection.