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Arbitrage provides an important financial service to the market... Arbitrage reduces / eliminates price differences across markets. It improves market efficienc

Arbitrage provides an important financial service to the market... Arbitrage reduces / eliminates price differences across markets. It improves market efficiency. It's really concerning how little people itt understand about markets

pbhjpbhj 13y ago
>It improves market efficiency. // Is it worth the cost?
- aninhumer 13y ago
  What cost? The only disadvantage is to traders who were previously benefiting from price differences, which only exist at the expense of entities who are losing out due to the same differences.