Tel Aviv: 37 shekel = 6,72 euro (euro/shekel 5,51)
Frankfurt: 2,90 euro bid & 2,97 euro ask
finance.yahoo.com/q/bc?t=1y&s=ELEC.TA&l=on&z=m&q=l&c=elli.de
finance.yahoo.com/q/hp?s=ELEC.TA
same ISIN number (IL0003570129)
and no arbitrage between both stock exchanges, I don't get it!
Is it forbidden to arbitrate between Tel Aviv and Frankfurt for pros?
Volume in Tel Aviv is low but such price differences are really weird!
Frankfurt: 2,90 euro bid & 2,97 euro ask
finance.yahoo.com/q/bc?t=1y&s=ELEC.TA&l=on&z=m&q=l&c=elli.de
finance.yahoo.com/q/hp?s=ELEC.TA
same ISIN number (IL0003570129)
and no arbitrage between both stock exchanges, I don't get it!
Is it forbidden to arbitrate between Tel Aviv and Frankfurt for pros?
Volume in Tel Aviv is low but such price differences are really weird!