Complete the following reaction and provide a detailed, step-by-step mechanism for the process. 
Definitions:
Arbitrage
Arbitrage refers to the practice of buying and selling an identical asset across diverse markets simultaneously to capitalize on differing prices.
Professional Money Managers
Experts who are responsible for overseeing and making informed decisions on the investment of funds on behalf of clients.
Frame Dependence
The phenomenon where an individual's decision-making is influenced by the way information is presented, rather than just the information itself.
Finance
The science of managing funds, including activities such as saving, lending, investing, budgeting, and forecasting.
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