Synchronisation problem
The difficulty faced by arbitrageurs who could have corrected the mispricing, since correcting it requires many of them to act together and none can be sure the others will.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Written up from the same chapter
Where this is taught
Free preparation for NISM Series X-B← All terms