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That's an arbitrage system that might evaporate in a world of rational payments.
This morning, Everbright Securities strategic investment department's proprietary trading bureau had a problem when using its own arbitrage system.
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The arbitrage scheme exploits that system using the basic buy low, sell high principle: A Web site arbitrageur uses a low-priced keyword to lure traffic and then redirects that traffic to another site that contains little content and is stacked with ads that earn a much higher price.
So as the world tries to harmonize its capital ratios and definitions — a global fix is important so that banks don't try to arbitrage the system — United States regulators may feel pressure to appease the Europeans by agreeing to lower capital ratios.
All markets are now bound together by complex trading systems that arbitrage and hedge across all assets and markets in sub-second time frames.
But as with most of these Facebook-native pages, Nicoloff's content costs comparatively little, and the sheer level of interest in Trump and in the type of inflammatory populist rhetoric he embraces has helped tip Nicoloff's system of advertising arbitrage into serious profitability.
The latter seems wrong in the sense that the data releases are set to come out at a given time but the flashers have found a way to beat the system — call it technological arbitrage.
Social and economic mobility, in any system, is essentially slack arbitrage: hard work is a successful strategy for those at the bottom because those at the top no longer work so hard.
Innovations quickly become commodities, enable arbitrage and lead to more distributed systems.
The battery system can also be used for arbitrage, storing energy at times when prices are low and delivering it when prices are high.
Instead, Bitcoin (as a payment network) should be compared to other systems that are used for regulatory arbitrage.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com