triangular arbitrage

Definition

Economics

• arbitrage among three currencies. For example (letting x/y be the currency x per unit of currency y exchange rate), if $/¥ > ($/£)(£/¥), then an arbitrager can make a profit buying £ with $; buying ¥ with those £; and then selling those ¥ for $.

Nearby Definitions of “triangular arbitrage”

• trial
• trial and error
• trial ball
• trial by media
• triangle
• triangular arbitrage
• triangular pulse
• triangular scale
• triangular trade
• triangular wave
• triangulate

Contexts for “triangular arbitrage”

1 definition in context
• Economics