Grand Junction, Colorado (PressExposure) May 17, 2008 -- Pairs Trader's have long searched for the holy-grail of symbols, and with the help of Pairs-List.com, they may have just what they've been looking for. Ever since pairs trading was established, about 15 years ago, pairs traders have been taking symbols that are correlated to each other, and playing various strategies of buy and sell using a technique called arbitrage.
The problem has always been finding the right set of pairs that have enough correlation that they will provide a real opportunity. Sure, there have been solutions, but the computing power required is extensive. And for the traditional trader, the only tool is a spreadsheet, which is limiting at best. Pairs-list.com may provide these pairs traders with the Holy Grail that they've been looking for by providing an online resource of all the highly correlated pairs, organized by the number of days in the correlation, and grouped by various stock market indices.
For the active pairs trader that doesn't have the time or skill set to play with a spreadsheet, Pairs-List.com just might be the Holy Grail they've been looking for.