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see foreign exchangeforeign exchange,
methods and instruments used to adjust the payment of debts between two nations that employ different currency systems. A nation's balance of payments has an important effect on the exchange rate of its currency.
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References in periodicals archive ?
then became a copper arbitrage trader for Brody White (UK) Ltd.
advancing to serve as an arbitrage trader in the XMI Major Market Index (futures and options) on the American Stock Exchange.
Prior to this, Galia was at JP Morgan for almost 7 years and spent the latter half of her time there working as a Debt Equity and Capital Structure Arbitrage Trader, where she was responsible for managing a proprietary trading book and analyzing and investing in distressed situations (with experience restructuring financial distressed credit).
Matthew Weisbarth was been named Senior Arbitrage Trader.