Is Ethereum arbitrage illegal
Arbitrage, also known as "interest arbitrage", is not illegal
There are two main forms ofArbitrage:
(1) no arbitrage. That is to use the interest rate difference between the two countries' capital markets to transfer the short-term funds from the low interest rate market to the high interest rate market, so as to obtain the interest margin income
(2) arbitrage. That is to say, when the arbitrager transfers short-term funds from land a to land B for arbitrage, he uses forward foreign exchange transactions to avoid the risk of exchange rate changes Arbitrage will change the relationship between supply and demand of different capital markets, make the interest rates of short-term funds tend to be the same, narrow the difference between the short-term exchange rate and forward exchange rate, and keep the balance between the interest rate difference of capital market and the exchange rate difference of foreign exchange market, thus objectively strengthening the integration of international financial market However, a large number of arbitrage activities will lead to the large-scale international movement of short-term capital and aggravate the turbulence of the international financial market
extended data:
arbitrage trading mode is mainly divided into four types, namely: stock index futures arbitrage, commodity futures arbitrage, statistics arbitrage and option arbitrage
1. Stock index futures arbitrage
stock index futures arbitrage refers to the behavior of taking advantage of the unreasonable price existing in the stock index futures market, participating in the trading of stock index futures and stock spot market at the same time, or trading index contracts of different periods and different (but similar) types of stocks at the same time, so as to earn the price difference. Stock index futures arbitrage is divided into spot arbitrage, intertemporal arbitrage, cross market arbitrage and cross variety arbitrage
Commodity futures arbitrage is similar to stock index futures hedging, commodity futures also have arbitrage strategy, when buying or selling a certain futures contract, sell or buy another related contract, and close the two contracts at a certain timein the form of transaction, it is similar to hedging, but hedging is to buy (or sell) physical goods in the spot market and sell (or buy) futures contracts in the futures market; However, arbitrage only deals in futures market, and does not involve spot trading. There are four types of commodity futures arbitrage: spot arbitrage, intertemporal arbitrage, cross market arbitrage and cross variety arbitrage
Statistical arbitrage is different from risk-free arbitrage. Statistical arbitrage is a kind of risk arbitrage by using the historical statistical law of securities price. Its risk lies in whether this historical statistical law will continue to exist in the futurethe main idea of statistical hedging is to find out several pairs of investment varieties (stocks or futures, etc.) with the best correlation, and then find out the long-term equilibrium relationship (cointegration relationship) of each pair of investment varieties. When the price difference of a pair of varieties (the resial of cointegration equation) deviates to a certain degree, we start to build a position - buy the relatively undervalued varieties When the price difference returns to equilibrium, the relatively overvalued short sellers can take profits
the main contents of statistical hedging include stock matching trading, stock index arbitrage, securities lending hedging and foreign exchange arbitrage trading
Option arbitrage, also known as option, is a derivative financial instrument based on futures. In essence, the option is to price the rights and obligations separately in the financial field, so that the assignee of the right can exercise his rights within a specified time for whether to carry out the transaction, while the obligor must performin the transaction of options, the party who purchases the options is called the buyer, while the party who sells the options is called the seller; The buyer is the assignee of the right, while the seller is the obligor who must perform the buyer's right
the advantage of options is that the return is unlimited and the risk loss is limited. Therefore, in many cases, using options to replace futures for short and arbitrage trading will have less risk and higher yield than using futures arbitrage alone
start from Hubei University of technology,
take route 902,
, get off at Wuchang railway station,
transfer to Route 10,
, get off at Wuhan Museum,
start from Hubei University of technology,
walk to xujian,
take route 74, get off at Wuchang railway station,
transfer to
No.10
, get off at
Wuhan Museum,
start from
Hubei University of technology,
walk to
xujian,
take
No.570, get off at
Wuchang railway station,
transfer to
No.10, get off at
Wuhan Museum,
Plan 1:
{rrrrrrr}
bus line: 703, about 3.0KM
1. Walk about 180m from Wuhan Museum to Qingnian Road Museum Station
2. Take No. 703, pass 3 stops, and reach Qingnian Road Xuesong Road Station (you can also take No. 38, No. 79, No. 603)
3. Walk about 510m, Plan 2: bus route: 411, about 2.9km
1. Walk about 210m from Wuhan Museum to Qingnian Road Museum Station
2. Take bus No. 411, after 3 stops, to Qingnian Road Station of Jianshe Avenue
3. Walk about 550m to Wuhan No. 12 middle school
bus line: no.758, the whole journey is about 17.0km
1. Walk about 140m from Hubei Academy of Fine Arts (LiMiao... To LiMiao Xincun station, South LiMiao road
2. Take no.758, pass 21 stops, and reach contemporary student apartment station, Minzu Avenue
3. Walk about 670m to Jindi central city
