释义 |
Definition of arbitrage in English: arbitragenoun ˈɑːbɪtrɪdʒˌɑːbɪˈtrɑːʒˈɑrbəˌtrɑʒ mass nounEconomics The simultaneous buying and selling of securities, currency, or commodities in different markets or in derivative forms in order to take advantage of differing prices for the same asset. 套购 as modifier profitable arbitrage opportunities Example sentencesExamples - Other tactics involve deep leveraging, programme trading, swaps, arbitrage and derivatives that retail investors find difficult to master.
- While the arbitrage spreads measured using bid and ask prices are smaller than using only bid prices, the apparent arbitrage opportunities in the first year were not eliminated.
- An increase in Chinese interest rates will attract more hot money in search of arbitrage profits, and that would increase the domestic money supply.
- The banks have historically dominated this arbitrage market, mostly through their derivatives or proprietary trading desks.
- In the economic sector instantaneous global information pushes the trading and financial systems towards perfect information, reducing the opportunities for arbitrage.
- But, because observable price inefficiencies tend to be quite small, pure arbitrage requires large, usually leveraged investments and high turnover.
- It is entirely legitimate for companies to go to the grey market to exploit this arbitrage opportunity - so long as the transactions take place entirely within the EU.
- Second, there may be opportunities for tax arbitrage.
- Professionals who engage in arbitrage are known as arbitrageurs.
- He goes on to reason that, ‘Interest rate sensitive derivatives and interest rate arbitrage plays are putting pressure on the continuity of the banking system.’
- With deals at an eight-year low, the fund's managers could not find enough arbitrage opportunities.
- Any value difference should generate arbitrage profits and the elimination of the divergence.
- This price differential offered the Patels an opportunity to profit through arbitrage.
- The exploitation of such price differentials by the purchase of a derivative on one market and the sale of the same derivative on the other market is known as arbitrage.
- Every time there is a small change in the price of the Euro against the dollar, dealers perform arbitrage transactions.
- Attracted by the opportunity for arbitrage with the stock market, hedge funds have also been big buyers of convertible bonds.
- The arbitrageur does this, of course, to make a profit but the effect of arbitrage is to equalize prices or interest rates between markets, provided there is completely free movement of capital.
- New providers will inevitably be forced to share in the miasma of regulations and taxes that provide its current arbitrage advantage.
- Only those who spot the change, see arbitrage opportunities, and shift capital to take advantage of information market failure.
- Here we look at the concept of arbitrage, how market makers utilize ‘true arbitrage,’ and, finally, how retail investors can take advantage of arbitrage opportunities.
verb ˈɑːbɪtrɪdʒˌɑːbɪˈtrɑːʒˈɑrbəˌtrɑʒ [no object]Economics Buy and sell assets using arbitrage. 从事套购活动 much of the short selling was being done by people who were arbitraging between the bond and the equity market Example sentencesExamples - This enables telecoms to arbitrage international cost differences to boost profitability.
- Knowing how to arbitrage cost imbalances in the global economy will help as well.
- It's a worldwide market, and in a sense it's a market in which interest rates in various different localities and for various different instruments are all arbitraged.
- The trend shows that ‘if there's an arbitrage opportunity, it will get arbitraged away,’ says a pleased Gus Sauter, chief investment officer of Vanguard Group, which runs $350 billion in indexed mutual funds.
- Since even hedge funds struggle to make decent returns in this market, they are driven further into risky new investments, such as arbitraging the statistical differences between one convertible bond and another.
- Where there is differential pricing, e-tailers and consumers can arbitrage the difference to their advantage, by importing goods from the cheaper country.
- Globalized investment managers should move funds among markets in a volume sufficient to arbitrage real yields together.
- Does a visit to your corner shop invoke an urge to arbitrage on say, the price of a pint of milk from the supermarkets?
- Since pricing would become transparent and structural advantages would be arbitraged away, competitive advantage would stem more and more from identifying and satisfying customer needs.
- However, as Bliss and Ronn suggest, the tax argument relies implicitly on the unlikely absence of a tax-exempt entity which can ignore the tax effects and arbitrage the pricing errors.
- It initially professed to arbitrage international fixed income markets but over time got significantly into equities.
- When prices deviate from this theoretical benchmark, money moves quickly to arbitrage away any differences.
- If a lot of people pursue a value strategy, value opportunities will soon be arbitraged away.
- These ratios have traditionally been used to show stock market tops and bottoms, but they have lost some utility lately because of the predilection to arbitrage skews the results.
- This arrangement gives institutional traders the opportunity to arbitrage the fund, but provides stale information to the general public.
- In January 1998, LTCM argued that its capital had become too large - there were fewer market opportunities that could be arbitraged in size and yield the required returns.
- ‘Banks are an attempt to arbitrage away expected return differences between illiquid assets and low-return liquid assets,’ comments Diamond.
- Part of Meriwether's legend is that he was one of the first to arbitrage bonds by selling one and buying the other in anticipation of their prices converging.
- Other institutions arbitrage returns on bonds or loans with relatively high yields through securitizations.
- As an investment activity it is driven by tax-levered debt, tax minimisation, capital gains arbitrage and profiteering.
OriginLate Middle English (originally denoting the exercise of individual judgement): from French, from arbitrer 'give judgement', from Latin arbitrari (see arbitrate). The current sense dates from the late 19th century. Definition of arbitrage in US English: arbitragenounˈɑrbəˌtrɑʒˈärbəˌträZH The simultaneous buying and selling of securities, currency, or commodities in different markets or in derivative forms in order to take advantage of differing prices for the same asset. 套购 as modifier profitable arbitrage opportunities Example sentencesExamples - The exploitation of such price differentials by the purchase of a derivative on one market and the sale of the same derivative on the other market is known as arbitrage.
- Attracted by the opportunity for arbitrage with the stock market, hedge funds have also been big buyers of convertible bonds.
- He goes on to reason that, ‘Interest rate sensitive derivatives and interest rate arbitrage plays are putting pressure on the continuity of the banking system.’
- Here we look at the concept of arbitrage, how market makers utilize ‘true arbitrage,’ and, finally, how retail investors can take advantage of arbitrage opportunities.
- New providers will inevitably be forced to share in the miasma of regulations and taxes that provide its current arbitrage advantage.
- An increase in Chinese interest rates will attract more hot money in search of arbitrage profits, and that would increase the domestic money supply.
- But, because observable price inefficiencies tend to be quite small, pure arbitrage requires large, usually leveraged investments and high turnover.
- Any value difference should generate arbitrage profits and the elimination of the divergence.
- Professionals who engage in arbitrage are known as arbitrageurs.
- The banks have historically dominated this arbitrage market, mostly through their derivatives or proprietary trading desks.
- This price differential offered the Patels an opportunity to profit through arbitrage.
- Only those who spot the change, see arbitrage opportunities, and shift capital to take advantage of information market failure.
- Second, there may be opportunities for tax arbitrage.
- In the economic sector instantaneous global information pushes the trading and financial systems towards perfect information, reducing the opportunities for arbitrage.
- Every time there is a small change in the price of the Euro against the dollar, dealers perform arbitrage transactions.
- Other tactics involve deep leveraging, programme trading, swaps, arbitrage and derivatives that retail investors find difficult to master.
- With deals at an eight-year low, the fund's managers could not find enough arbitrage opportunities.
- While the arbitrage spreads measured using bid and ask prices are smaller than using only bid prices, the apparent arbitrage opportunities in the first year were not eliminated.
- It is entirely legitimate for companies to go to the grey market to exploit this arbitrage opportunity - so long as the transactions take place entirely within the EU.
- The arbitrageur does this, of course, to make a profit but the effect of arbitrage is to equalize prices or interest rates between markets, provided there is completely free movement of capital.
verbˈɑrbəˌtrɑʒˈärbəˌträZH [no object]Buy and sell assets using arbitrage. 从事套购活动 much of the short selling was being done by people who were arbitraging between the bond and the equity market Example sentencesExamples - ‘Banks are an attempt to arbitrage away expected return differences between illiquid assets and low-return liquid assets,’ comments Diamond.
- These ratios have traditionally been used to show stock market tops and bottoms, but they have lost some utility lately because of the predilection to arbitrage skews the results.
- In January 1998, LTCM argued that its capital had become too large - there were fewer market opportunities that could be arbitraged in size and yield the required returns.
- However, as Bliss and Ronn suggest, the tax argument relies implicitly on the unlikely absence of a tax-exempt entity which can ignore the tax effects and arbitrage the pricing errors.
- Globalized investment managers should move funds among markets in a volume sufficient to arbitrage real yields together.
- Since pricing would become transparent and structural advantages would be arbitraged away, competitive advantage would stem more and more from identifying and satisfying customer needs.
- The trend shows that ‘if there's an arbitrage opportunity, it will get arbitraged away,’ says a pleased Gus Sauter, chief investment officer of Vanguard Group, which runs $350 billion in indexed mutual funds.
- This enables telecoms to arbitrage international cost differences to boost profitability.
- Does a visit to your corner shop invoke an urge to arbitrage on say, the price of a pint of milk from the supermarkets?
- Since even hedge funds struggle to make decent returns in this market, they are driven further into risky new investments, such as arbitraging the statistical differences between one convertible bond and another.
- It's a worldwide market, and in a sense it's a market in which interest rates in various different localities and for various different instruments are all arbitraged.
- As an investment activity it is driven by tax-levered debt, tax minimisation, capital gains arbitrage and profiteering.
- It initially professed to arbitrage international fixed income markets but over time got significantly into equities.
- This arrangement gives institutional traders the opportunity to arbitrage the fund, but provides stale information to the general public.
- If a lot of people pursue a value strategy, value opportunities will soon be arbitraged away.
- Knowing how to arbitrage cost imbalances in the global economy will help as well.
- Part of Meriwether's legend is that he was one of the first to arbitrage bonds by selling one and buying the other in anticipation of their prices converging.
- Where there is differential pricing, e-tailers and consumers can arbitrage the difference to their advantage, by importing goods from the cheaper country.
- When prices deviate from this theoretical benchmark, money moves quickly to arbitrage away any differences.
- Other institutions arbitrage returns on bonds or loans with relatively high yields through securitizations.
OriginLate Middle English (originally denoting the exercise of individual judgement): from French, from arbitrer ‘give judgement’, from Latin arbitrari (see arbitrate). The current sense dates from the late 19th century. |