Locational arbitrage

Locational arbitrage

Attempt to exploit discrepancies in exchange rates between banks.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Locational Arbitrage

An arbitrage strategy in which one seeks to profit from differences in exchange rates for the same currency at different banks.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Locational arbitrage can occur when the spot rate of a given currency varies among locations.