Paperback (12 Sep 2017)
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Arbitrage is the simultaneous purchase and sale of an asset in order to profit from a difference in the price. It is a trade that profits by exploiting price differences of identical or similar financial instruments, on different markets or in different forms. Arbitrage exists as a result of market inefficiencies; it provides a mechanism to ensure prices do not deviate substantially from fair value for long periods of time.
| ISBN: | 9781976324017 |
| Publisher: | Createspace Independent Publishing Platform |
| Imprint: | Createspace Independent Publishing Platform |
| Pub date: | 12 Sep 2017 |
| Weight: | -1g |
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