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From the preceding results we can say that triangular arbitrage is approximately ruled out as a source of riskless profit. However , we need to
From the preceding results we can say that triangular arbitrage is approximately ruled out as a source of riskless profit.However we need to add the wordapproximately since Atrading hours across currency markets are not synchronized.Bcollusion among traders can allow for some triangular arbitrage.Ctransitory but veryshortlived profit opportunities do arise.DAll of the above.
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