Paper accepted for presentation at the 3rd SAFE Market Microstructure Conference

Con­grat­u­la­tions to Nikolaus Hautsch, Chris­toph Sch­euch and Stefan Voigt for this great res­ult. Their pa­per will be presen­ted at the 3^rd SAFE Mar­ket Mi­cro­struc­ture Con­fer­ence at Goethe Uni­versity, Frank­furt, August 19-20, 2019.

Pa­per: Lim­its to Ar­bit­rage in Mar­kets with Stochastic Set­tle­ment Latency

Au­thor(s): Nikolaus Hautsch, Chris­toph Sch­euch, Stefan Voigt