Tag Archives for " fake arbitrage "

Beware fake arbitrages on Yahoo – Alibaba!

For an arbitrage opportunity to exist, asset classes need to be fungible (deliverable against each other), so anyone selling you a scheme to “arbitrage” an apparent pricing disparity between related, but non-fungible, assets maybe selling you a dud.   When I see investor research by banks, who should know better, promoting “the Yahoo arbitrage trade” […]

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