A well-traded security sells at two different prices on two different exchanges. You buy on the less
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Question:
A well-traded security sells at two different prices on two different exchanges. You buy on the less expensive exchange, while immediately selling on the more expensive. This is __________.
A. program trading
B. market making
C. pure arbitrage
D. investment banking
E. electronic brokerage
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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