noun
exchange arbitration; currency arbitrage
Financial term referring to the practice of exploiting price differences between foreign exchange markets to make a profit.
為替裁定取引は、異なる市場間の為替レートの差を利用して利益を得る手法です。
Exchange arbitrage is a method of profiting from differences in exchange rates between different markets.
Compound of 為替 (かわせ, 'exchange') and 裁定 (さいてい, 'arbitration, decision'). The term is a direct borrowing of the financial concept of exchange arbitrage.