Assertion: arbitrage | /r/HasProperty | limit
Facets:
value: to identical instruments
type: TRANSITIVE-OBJECT
value: for these reasons
type: CAUSE
value: to the effectiveness of arbitrage
type: PURPOSE
Source sentences:
text: In practice, arbitrage entails costs as well as the assumption of risk, and for these reasons there are limits to the effectiveness of arbitrage in eliminating certain security mispricings.
text: Arbitrage is not limited to identical instruments.