In the stock market, those discrepancies may last a few seconds, as arbitrageurs jump into the breach.
It's not enough to show a sliding stock price, wild discrepancies in daily volume or even a disparity between a company's authorized number of outstanding common and the number of shares traded.
Canadian regulators last year put rules in place to limit both dark pools and high-frequency trading firms, which hit exchanges with tens of thousands of orders each second in order to take advantage of small discrepancies in stock prices.
A federal jury in Manhattan in December found the programmer, Sergey Aleynikov, guilty of stealing proprietary code that places trades using computer algorithms that spot tiny discrepancies in stock prices.
Investigations by the Income Tax department triggered allegations that the Nirav Modi group has massive unaccounted funds, that there are major discrepancies in stock valuations, multiple instances of suspicious foreign funding, and that the brand routinely accepted payments in cash--many of which were unaccounted for--including a significant transaction in the name of a Congress leader's wife.
Several analysts place a value on the company short of where the stock is currently trading, a discrepancy that will be troublesome if the company can't keep notching public victories.
The aims of treatment for patients with non-union following a HTO are bony union, axial alignment, correction of leg length discrepancy and bone stock preservation for a future TKR; all were achieved using the minimally invasive technique with an IEF.
Short sellers, who profit when a company's stock falls, have questioned apparent discrepancies in A.C.L.N.'s financials, including the apparent disappearance of 2.8 million shares that A.C.L.N. said in 1998 were owned by Joseph J. H. Bisschops, its chairman.
4 The investors claim that the funds facilitated the practice of "market timing," whereby traders of mutual fund shares exploit brief discrepancies between the stock prices used to calculate the shares' value once a day, and the prices at which those stocks are actually trading in the interim.
They simply could buy or sell the individual stocks involved, or they could simultaneously do both on different exchanges as an arbitrage play, whereby they profit from small discrepancies in the stock's price.
At that point you would sell short the overpriced index and buy the underlying stocks, knowing that ultimately the discrepancy would have to be reconciled, either by a fall in the index or a rise in the stocks.
