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Treating Customers Fairly: Items from the FSB

Presentations and papers on Treating Customers Fairly from the FSB

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From The Glossary »

Arbitrage:

The simultaneous buying and selling of a security at two different prices in two different markets, resulting in profits without risk. Perfectly efficient markets present no arbitrage opportunities. Perfectly efficient markets seldom exist, but, arbitrage opportunities are often precluded because of transactions costs.

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