arbitrage

简明释义

英[ˈɑːbɪtrɑːʒ;ˈɑːbɪtrɪdʒ]美[ˈɑːrbɪtrɑːʒ]

n. 套汇，套利；仲裁

第 三 人 称 单 数 a r b i t r a g e s

现 在 分 词 a r b i t r a g i n g

过 去 式 a r b i t r a g e d

过 去 分 词 a r b i t r a g e d

英英释义

单词用法

同义词

反义词

例句

1.The main challenge facing such a regime would be the incentive for regulatory arbitrage.

这个制度设计需要面对的最大挑战监管套利。

2.Icahn bought positions in both companies as an arbitrage play.

爱康在两家公司之间进行套利。

3.No arbitrage can correct the mispricing.

任何套利都无法修正错误定价。

4.Astute Singaporeans quickly spotted an arbitrage opportunity.

精明的新加坡人很快看到了一个套利机会。

5.Computers now try to take advantage of arbitrage opportunities that last milliseconds, rather than hours.

目前，计算机要试图利用持续仅几毫秒而非数小时的套利机会。

6.Mr Rubin rose to the top through risk arbitrage.

鲁宾是通过风险套利爬到公司顶端的。

7.Investors can profit from arbitrage opportunities when they spot discrepancies in asset pricing.

当投资者发现资产定价的不一致时，可以从套利机会中获利。

8.The concept of arbitrage is crucial in financial markets to ensure prices reflect true value.

在金融市场中，套利的概念对于确保价格反映真实价值至关重要。

9.Many hedge funds employ arbitrage strategies to maximize returns with minimal risk.

许多对冲基金采用套利策略，以在最小风险下最大化回报。

10.Traders often engage in arbitrage to take advantage of price differences in different markets.

交易者经常进行套利以利用不同市场中的价格差异。

11.The rise of cryptocurrency has created new avenues for arbitrage trading.

加密货币的兴起为套利交易创造了新的途径。

作文

In the world of finance, the term arbitrage refers to the practice of taking advantage of a price difference between two or more markets. Essentially, it is a strategy used by traders to profit from discrepancies in the pricing of the same asset or similar assets. The concept of arbitrage is fundamental to ensuring that prices remain consistent across different markets, as it helps to eliminate inefficiencies. For example, if a stock is trading at $50 on one exchange and $52 on another, a trader can buy the stock on the first exchange and sell it on the second, thus making a profit of $2 per share. This process not only benefits the trader but also contributes to market efficiency, as it encourages the prices to converge towards a single value.The mechanics of arbitrage can be quite complex, especially when involving multiple financial instruments or markets. There are various types of arbitrage, including spatial arbitrage, temporal arbitrage, and statistical arbitrage. Spatial arbitrage occurs when there is a price difference for the same asset in different geographical locations. Temporal arbitrage involves taking advantage of price differences over time, while statistical arbitrage uses mathematical models to identify pricing inefficiencies in related securities.One of the most well-known forms of arbitrage is currency arbitrage, where traders exploit differences in exchange rates between different currency pairs. For instance, if the exchange rate for USD to EUR is 1.1 in one market and 1.2 in another, a trader can buy euros in the first market and sell them in the second market, thereby securing a profit. Such opportunities often exist for only a brief moment, as technology and real-time trading systems have made it easier for traders to spot and act on these discrepancies quickly.However, arbitrage is not without its risks. Market conditions can change rapidly, and what appears to be a profitable trade can quickly turn into a loss if the price differential narrows or disappears before the trade is executed. Additionally, transaction costs, taxes, and other fees can eat into potential profits, making it essential for traders to calculate their margins carefully.Furthermore, the rise of algorithmic trading has increased the speed and efficiency of arbitrage strategies. Algorithms can analyze vast amounts of data and execute trades within milliseconds, allowing traders to capitalize on fleeting opportunities that human traders may miss. This technological advancement has led to a more competitive environment, where only those with the best tools and strategies can consistently profit from arbitrage opportunities.In conclusion, arbitrage plays a crucial role in the financial markets by promoting efficiency and ensuring that prices reflect true value across different platforms. While it offers significant profit potential, it also comes with inherent risks and challenges. Understanding the dynamics of arbitrage requires not only knowledge of financial principles but also an awareness of market behavior and technological advancements. As markets continue to evolve, so too will the strategies employed by traders to harness the power of arbitrage effectively.

在金融世界中，术语套利指的是利用两个或多个市场之间的价格差异进行交易的实践。基本上，这是交易者用来从相同资产或类似资产的定价差异中获利的一种策略。套利的概念对于确保不同市场之间的价格保持一致至关重要，因为它有助于消除低效。例如，如果一只股票在一个交易所的交易价格为50美元，而在另一个交易所的交易价格为52美元，交易者可以在第一个交易所购买该股票，然后在第二个交易所出售，从而每股获利2美元。这个过程不仅对交易者有利，还促进了市场的效率，因为它鼓励价格趋向于单一价值。套利的机制可能相当复杂，尤其是在涉及多种金融工具或市场时。套利有多种类型，包括空间套利、时间套利和统计套利。空间套利发生在同一资产在不同地理位置的价格差异；时间套利则涉及利用时间上的价格差异，而统计套利使用数学模型识别相关证券中的定价低效。最著名的套利形式之一是货币套利，交易者利用不同货币对之间的汇率差异。例如，如果一个市场的美元对欧元的汇率为1.1，而另一个市场为1.2，交易者可以在第一个市场购买欧元，然后在第二个市场出售，从而获得利润。这种机会通常只存在短暂的时间，因为技术和实时交易系统使交易者能够迅速发现并利用这些差异。然而，套利并非没有风险。市场条件可能会迅速变化，看似有利可图的交易在交易执行之前，价格差异缩小或消失时，可能很快变成亏损。此外，交易成本、税费和其他费用可能会侵蚀潜在的利润，因此交易者必须仔细计算他们的利润空间。此外，算法交易的兴起提高了套利策略的速度和效率。算法可以分析大量数据，并在毫秒内执行交易，使交易者能够利用人类交易者可能错过的短暂机会。这一技术进步导致了一个更具竞争力的环境，只有那些拥有最佳工具和策略的人才能持续从套利机会中获利。总之，套利在金融市场中发挥着至关重要的作用，通过促进效率确保价格在不同平台上反映真实价值。虽然它提供了显著的利润潜力，但也伴随着固有的风险和挑战。理解套利的动态不仅需要金融原则的知识，还需要对市场行为和技术进步的认识。随着市场的不断发展，交易者将继续开发策略，以有效利用套利的力量。