Examlex
In BNF, ____ are not defined any further by other rules of the grammar.
Triangle Arbitrage
A riskless profit strategy that takes advantage of discrepancies between three foreign currencies in the forex market.
Spot Market
A market where financial instruments or commodities are traded for immediate delivery, as opposed to future or forward delivery.
Forward Market
A market in which participants agree to trade a financial instrument or physical commodity for future delivery at a specified price.
Absolute Purchasing Power Parity
A theory stating that identical goods and services in different countries should cost the same when priced in a common currency.
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