OK...I am naive and expect to get flamed. With that being said, I have been offered a job trading Gold futures. No problem there I have been trading futures for a while. The firm arbitrages US futures markets against the Indian futures markets. They told me there is often a significant spread between the US markets and the Indian ones. They also said there is a barrier to entry in trading the Indian markets and because the firm is based there, they can trade it, even from US soil. So they tell me they simutaneously buy one market and sell the other and then reverse that leaving them flat in both markets. So I am thinking they buy in US and sell in Indian market when diference is say 6 ticks, which they claim is common. I am wondering how hard this is in the real world? It seems like the first trade is easy but reversing to flat in both markets would confuse me. OK....tell me why this is wrong, why it cant work, why I am an idiot. From there I will take the constructive comments and try to learn something.