How scalping and triangular arbitrage keeps the currency market in arbitrage equilibrium

A stylized explanation of arbitrage in the foreign exchange market

There are many reasons why market actors need to convert their currency. Corporations may have workers, suppliers, customers, and investors all in different countries from and to which money needs to flow. Financial institutions may want to…

Source: https://arnavbandekar.medium.com/how-scalping-and-triangular-arbitrage-keeps-the-currency-market-in-arbitrage-equilibrium-57466d8ff4df?source=rss——-8—————–cryptocurrency