'Arbitrage' involves:

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Investment Strategies Basics on the SIE Exam The exam covers fundamental investment concepts, with "Understanding Products and Their Risks" representing 44% of the exam (33 out of 75 scored questions). The key strategies and principles tested include:  Risk Management & Types of Risk: Candidates must identify and understand different types of risks, including market/systematic risk, credit risk, interest rate risk, liquidity risk, and inflationary risk. Diversification & Portfolio Management: Understanding how to reduce risk by spreading investments across different asset classes (e.g.,... Show more

'Arbitrage' involves: