144: Tim Steenstrup – Learn an Arbitrage Strategy Used by Professional Stock Traders
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How to Conduct a Cross Border Arbitrage Transaction
When you do an FX transaction, what does that mean? You're actually buying, so you're actually trading the FX markets as well. There's always going to be a foreign exchange, even if it's merger bar between countries. So I need to buy dollars and sell yen overseas. And if I'm doing the opposite, if I'm selling SN8 and buying 675, I need tobuy yen.
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