illegal forex trading; currency arbitrage
Tone colorsmāmámǎmàma
Meanings
2 senses · 5 examplesverb
to illegally purchase or exchange foreign currency
formalRefers to unauthorized foreign exchange transactions that violate currency control regulations and financial laws.
Zhè这
zhǒng种
tào套
huì汇
xíng行
wéi为
shì是
wéi违
fǎ法
de的
，
huì会
shòu受
dào到
yán严
lì厉
chǔ处
fá罚
。
This kind of illegal forex trading is against the law and will be severely punished.
Tā他
yīn因
tào套
huì汇
bèi被
hǎi海
guān关
fá罚
kuǎn款
shí十
wàn万
yuán元
。
He was fined one hundred thousand yuan by customs for illegal foreign exchange trading.
verb
to engage in currency arbitrage
technicalA legitimate financial strategy where traders exploit price differences of the same currency between different markets by buying low in one and selling high in another.
Yín银
háng行
tōng通
guò过
tào套
huì汇
zhuàn赚
qǔ取
wēi微
bó薄
dàn但
wěn稳
dìng定
de的
lì利
rùn润
。
Banks earn slim but steady profits through currency arbitrage.
Tào套
huì汇
jiāo交
yì易
xū需
yào要
jīng精
què确
de的
shí时
jī机
hé和
kuài快
sù速
de的
zhí执
xíng行
。
Arbitrage trading requires precise timing and rapid execution.
Show 1 more exampleShow fewer examples
Yóu由
yú于
wǎng网
luò络
yán延
chí迟
，
kuà跨
shì市
chǎng场
tào套
huì汇
biàn变
de得
yuè越
lái来
yuè越
kùn困
nan难
。
Due to network latency, cross-market arbitrage is becoming increasingly difficult.