Aiba, Yukihiro; Hatano, Naomichi - In: Physica A: Statistical Mechanics and its Applications 344 (2004) 1, pp. 174-177
We first review our previous work, showing what is the triangular arbitrage transaction and how to quantify the … triangular arbitrage opportunity. Next we explain that the correlation of the foreign exchange rates can appear without actual … triangular arbitrage transaction. …