International Arbitrage

From the link: http://financial-dictionary.thefreedictionary.com/International+Arbitrage

INTERNATIONAL ARBITRAGE:
The practice of buying and selling a security registered in a foreign country and an International Depositary Receipt based on that same security. This allows the arbitrageur to profit from inefficiencies in price resulting from the exchange rate, the difference in price on different exchanges, and other factors. See also: Arbitrage. Simultaneous buying and selling of foreign securities and ADRs to capture the profit potential created by time, currency, and settlement inconsistencies that vary across international borders.

I see great potential and opportunity in international arbitrage, and I hope to find a way to tap into this someday:

• Currency trading
• Commodity trading
• Stock trading
• Real estate trading
• Retail