Every three months, we update our assessment of the degree of corruption exhibited in the different market sectors that we trade. Effectively, we are judging the maturity of each sector and sub-sector in this operation. This is necessary in order to be able to correctly utilise our proprietary unified trading model (UTM).
We are not willing to disclose either the formulation or the full results but below we compare the maturities of the four leading European football leagues (totally corrupt = 0/ totally open = 100).
Premiership 38
Primera Liga 48
Serie A 56
Bundesliga 68
We have been trading on the corruption of these leagues for many years. Last year, the information that came to the surface during Moggiopoli had formed part of our competitive advantage in trading Serie A. It would be good to think that our current competitive advantage on trading the Premiership will be addressed by the authorities in England.
Selfishly, it is of no concern to us whether a market is corrupt or not, we make money whatever. But, altruistically, we want a clean sport and non-manipulated markets that give everyone a chance.
Italy still isn't clean but corruption is being targeted in real-time. Following their escape from a deserved relegation, Milan started the 2006/07 season as if nothing had happened. Galliani, through his proxies, managed to secure Bertini and Trefoloni to referee the first two games of the season. Same as it ever was... But, no. Milan have had virtually no control of refereeing appointments subsequently which is totally unheard of. Juventus relegated... Milan losing their power!! And that isn't all. There is considerable concern about the amount of insider trading at Inter Milan and the authorities are actively addressing the issue. What we are saying is this. Italian football is still corrupt but forensic analysis of the events and the markets is confronting the corruption as it happens. Obviously, not all the corruption as it is Italy - Roma remain the most-favoured team of the season to date in any of the territories that we trade.
