The business of buying and selling securities, currencies, and commodities on an international scale so as to take advantage of differences in rates of exchange and prices.

A kind of hedged investment meant to capture slight differences in price; when there is a difference in the price of something on two different markets, the arbitrageur simultaneously buys at the lower price and sells at the higher price.

The purchase of currencies, securities, or commodities in one market for immediate resale in others in order to profit from unequal prices.

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