Hi,
I had a question.
assuming i have an international broker with me, and the stock that I'm interested in trading in is listed on both stock exchanges (ex: Nyse and dax)
Is it possible for me to buy a stock from the nyse and sell it on dax simultaneously and earn a profit via arbitrage (obviously if the opportunity exists)
Can i do this?
Can you anyone point out the positives as well as the drawbacks to a trade like this?
Thanks!
I had a question.
assuming i have an international broker with me, and the stock that I'm interested in trading in is listed on both stock exchanges (ex: Nyse and dax)
Is it possible for me to buy a stock from the nyse and sell it on dax simultaneously and earn a profit via arbitrage (obviously if the opportunity exists)
Can i do this?
Can you anyone point out the positives as well as the drawbacks to a trade like this?
Thanks!