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Hoochie [10]
3 years ago
11

Triangle arbitrage: is based solely on differences in exchange rates between spot and futures markets. opportunities can exist o

nly in the forward markets. is a profitable opportunity involving three separate currency exchange transactions. prevents the currency markets from obtaining equilibrium. is illegal in the U.S.
Business
1 answer:
Elena-2011 [213]3 years ago
7 0

Answer:

a profitable opportunity involving three separate currency exchange transactions.

Explanation:

A triangular arbitrage occurs when the exchange rate between 3 currencies do not match up.

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