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19 b
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Arbitrage may seem like magic: buying an asset in one place, selling it in another, and making a risk-free profit. But behind this strategy are key concepts you need to master. In this book, you'll understand why arbitrage opportunities exist, what risks and costs you should consider, and what technological tools will help you succeed. Financial markets are designed to be efficient. This means that the prices of assets, such as stocks or cryptocurrencies, should reflect all the information available at any given time. In a perfectly efficient market, there would be no arbitrage opportunities because an asset's price would be identical everywhere. However, markets aren't perfect. Inefficiencies arise for various reasons, and this book will provide you with a valuable tool to uncover them.
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