1.) In depth on what pairs trading concept, when is it introduced?, how does it work?, why has it became popular? and briefly on the methods used to identify pairs
2.) Analyse ‘distance methods'(market factor ratio and minimum distance) which are used to identify pairs in pairs trading. other researchers views on these methods.
3.) Introduction to the terms ‘bullish, bearish and sideway’ in trading and market. and how different economic states (market rising, market falling) could effect how the pairs selections and pairs trading