Round tripping: Difference between revisions
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imported>Doug Williamson (Generalise.) |
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An opportunity to undertake arbitrage which arises when a bank's customer can draw from overdraft facilities and deposit the proceeds in the money markets at rates which exceed the cost of the overdraft . | #An opportunity to undertake arbitrage which arises when a bank's customer can draw from overdraft facilities and deposit the proceeds in the money markets at rates which exceed the cost of the overdraft. | ||
#More generally, a series of transactions containing a self-cancelling or circular element, usually undertaken to make an arbitrage gain or to enjoy some other advantage. | |||
Revision as of 07:00, 7 May 2016
- An opportunity to undertake arbitrage which arises when a bank's customer can draw from overdraft facilities and deposit the proceeds in the money markets at rates which exceed the cost of the overdraft.
- More generally, a series of transactions containing a self-cancelling or circular element, usually undertaken to make an arbitrage gain or to enjoy some other advantage.
