arbitration of exchange

arbitration of exchange. The simultaneous buying and selling of bills of exchange in different international markets, with the hope of profiting from the price difference of the currencies in those markets. See ARBITRAGE; DRAFT(1).

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词条贡献者

译者Stanley，毕业于法国顶尖的高级翻译学院，擅长翻译各种与数据保护与网络安全相关的法律文件。