- Comparisons with CODI are left largely to Exchange and Merger-Acquisition-oriented and Market-Making businesses like CBOE, NASD, ICE, and others for lack of similar private organizations.
- Values are based on how market professionals protect their own capital, put at risk in order to fill multi-million-$ trade orders placed by institutions managing multi-Billion-$ portfolios.
- Those client trade orders must be executed quickly and quietly or run the risk of being front-run by hordes of opportunists. Often market-makers must create short positions on their books.
- But they lay off the risk of rising prices to other speculator-pros, all for a price, in separate but related markets for derivatives.
- What the cost of that protection is, and how it is provided tells what the involved, well-informed players think coming prices can be. Implied price-range forecasts.
For further details see:
Compass Diversified: An Unusual, CPA-Directed Investment Company Seeking Dominant Control Of Diversified Subjects