Chronological Order of Historical EventsVersion en ligne In this game, players must correctly order a list of significant historical events based on their occurrence in time. The goal is to arrange them from the earliest to the most recent. par Kumaresan Moorthy 1 1.What is triangular arbitrage? Trading stocks on currency fluctiations Speculating on future currency movements to earn profits Buying and holding a single currency over time Exploiting discrepancies among three currency exchange rates to earn a riskless profit 2 2.Why can triangular arbitrage opportunities still appear in highly efficient foreign exchange markets? Currency prices never change quickly Exchange is always fixed by central banks Temporary rate misalignments due to data latency, rounding errors, or quotes from different sources Traders deliberately create mispricing for profit 3 3.How do cross rates help traders identify triangular arbitrage opportunities? By providing interest rates on foreign currencies By comparing the direct cross rate to the implied cross rate calculated from two other currency pairs By setting fixed exchange rates for all currency pairs By predicting future exchange rate trends 4 4.Which factor does NOT typically eliminate triangular arbitrage opportunities quickly? High-speed algorithmic trading High market liquidity and competition Rapid dissemination of information Slow manual price adjustments 5 5.Given: EUR/USD = 1.2000, USD/JPY = 110.00, EUR/JPY = 132.00. Is there an arbitrage opportunity? Yes, but the profit is negligible Yes, profit of €1,000,000 possible No, because the actual EUR/JPY is less than the implied No, because the implied EUR/JPY equals the quoted EUR/JPY