tou3 dang6套戥

Jyutpingtou3 dang6

Yaletou dangh

Definition

Noun; arbitrage

neutralmoney

How it's used

Primarily used in financial and economic contexts to describe the practice of exploiting price discrepancies between different markets. While it is a technical term, it is widely understood by anyone involved in trading or investment in Hong Kong. It implies a quick, low-risk transaction rather than a long-term investment strategy.

Examples

keoi5 dei6 seng4 jat6 wun6 tou3 dang6 zaan6 cin2

佢哋成日玩套戥賺錢。

They often engage in arbitrage to make money.

ni1 go3 si5 coeng4 zung6 jau5 mou5 tou3 dang6 hung1 gaan1 aa4

呢個市場仲有冇套戥空間呀？

Is there still room for arbitrage in this market?

Common phrases

tou3 dang6 hung1 gaan1

套戥空間

arbitrage opportunity

zeon3 hang4 tou3 dang6

進行套戥

to conduct arbitrage

Common mistake

Do not confuse this with general speculation or gambling. It specifically refers to a strategy that relies on simultaneous or near-simultaneous buying and selling to lock in a profit from price differences.