Arbitrage Trading Course

Master Professional Arbitrage Techniques Used by Institutional Traders, Hedge Funds and Market Professionals

The Arbitrage Trading Course offered by ISFM is a specialized professional training program designed for traders, investors, portfolio managers, HNI investors, finance professionals, and aspiring market participants who want to learn low-risk, opportunity-based trading strategies used in modern financial markets.

Arbitrage trading is one of the most fascinating concepts in financial markets because it focuses on identifying price inefficiencies and exploiting temporary differences in asset pricing across markets, exchanges, instruments, or time periods.

This course provides practical training in:

Cash and Carry Arbitrage
Reverse Cash and Carry Arbitrage
Futures Arbitrage
Index Arbitrage
Pair Trading
Statistical Arbitrage
Market-Neutral Strategies
Risk Management
Capital Allocation Techniques
Professional Arbitrage Execution

Whether you are a trader looking to diversify your strategies, an investor seeking lower-risk opportunities, or a finance professional wanting to understand institutional trading techniques, this course provides a structured framework for learning arbitrage trading.

₹30,000 /One Time.

What Will You Get?

Free Demat A/c
Free Learning Management System
Free Mobile App for life time
4 PDF Books, 4 PPT's
Live Case Studies
One Year Fee Validity

Why Choose ISFM?

15+ Years of Industry Experience
SEBI-Certified Trainers
Practical Market Learning
Online & Offline Training
Career-Focused Programs
Placement Support
One-to-One Mentorship
Investor Awareness Leadership
Trusted by Thousands of Students

Skills you'll learn

Prerequisites

Prior to enrolling, you should have the following knowledge:

Who Can Join

Get Learned by NISM Certified Trainer

Our Trainer are not just faculty members, they are full time professional traders.

Program Outline

Module 1: Introduction to Arbitrage Trading

1.) Efficient Market Theory

Market Pricing
Information Flow
Price Discovery

2.) Market Inefficiencies

Liquidity Imbalances
Execution Delays
Temporary Mispricing

3.) What Creates Arbitrage Opportunities?

Supply and Demand Differences
Market Volatility
Institutional Activity
Pricing Gaps

Learning Outcome: Participants understand how arbitrage opportunities emerge in financial markets.

Module 2: Fundamentals of Arbitrage

1.) Core Principles

Simultaneous Transactions (Executing multiple related trades)
Price Convergence (Understanding how prices align over time)

2.) Risk Considerations

Execution Risk
Liquidity Risk
Operational Risk

3.) Arbitrage Framework

Opportunity Identification
Analysis
Execution
Monitoring

Learning Outcome: Participants understand the foundational mechanics behind arbitrage trading.

Module 3: Cash and Carry Arbitrage

1.) Understanding Cost of Carry

Financing Costs
Dividends
Carry Costs

2.) Cash and Carry Structure

Buy in Cash Market
Sell in Futures Market

3.) Profit Calculation

Understanding spread opportunities

4.) Practical Examples

Nifty Arbitrage
Stock Arbitrage

Learning Outcome: Participants learn to identify and evaluate cash and carry opportunities.

Module 4: Reverse Cash and Carry Arbitrage

1.) Strategy Structure

Sell Cash Market
Buy Futures Contract

2.) Market Conditions

When reverse arbitrage opportunities arise

3.) Execution Considerations

Margin Requirements
Borrowing Costs
Risk Factors

Learning Outcome: Participants understand reverse arbitrage opportunities and practical applications

Module 5: Futures Arbitrage

1.) Futures Fair Value

Understanding theoretical pricing

2.) Premium and Discount Analysis

Futures Premium
Futures Discount

3.) Arbitrage Opportunities

Identifying deviations from fair value

Learning Outcome: Participants learn futures pricing and arbitrage evaluation.

Module 6: Index Arbitrage

1.) Understanding Index Construction

Index Components
Weightage
Index Movement

2.) Index Arbitrage Concepts

Synthetic Positions
Basket Trading

3.) Institutional Applications

How large market participants use index arbitrage

Learning Outcome: Participants understand professional index arbitrage methodologies.

Module 7: Pair Trading

1.) What is Pair Trading?

Trading two correlated securities simultaneously

2.) Selecting Pairs

Sector-Based Pairs
Correlated Stocks
Statistical Relationships

3.) Entry and Exit Framework

Spread Analysis
Convergence Expectations

Learning Outcome: Participants learn one of the most widely used market-neutral strategies.

Module 8: Statistical Arbitrage

1.) Introduction to Statistical Models

Correlation
Regression
Mean Reversion

2.) Data Analysis

Historical Relationships
Price Deviations

3.) Quantitative Trading Framework

Understanding rule-based opportunity identification

Learning Outcome: Participants gain exposure to quantitative arbitrage methodologies.

Module 9: ETF and Index Arbitrage

1.) ETF Structure

Net Asset Value (NAV)
Market Price

2.) ETF Arbitrage Opportunities

Identifying premium and discount situations

Learning Outcome: Participants learn ETF arbitrage concepts used by professional market participants.

Module 10: Commodity Arbitrage

1.) Commodity Pricing

Spot Markets
Futures Markets

2.) Commodity Spreads

Calendar Spreads
Inter-Commodity Spreads

Learning Outcome: Participants understand arbitrage opportunities within commodity markets.

Module 11: Currency Arbitrage

1.) Currency Pricing

Exchange Rates
Futures Pricing

2.) Cross-Currency Relationships

Identifying pricing inefficiencies

Learning Outcome: Participants gain exposure to currency arbitrage concepts.

Module 12: Risk Management in Arbitrage Trading

1.) Capital Preservation Techniques

Position Sizing
Portfolio Diversification

2.) Risk & Liquidity Management

Execution Risk Management
Liquidity Assessment

Learning Outcome: Participants learn professional risk control techniques.

Module 13: Trading Psychology & Professional Discipline

1.) Institutional Mindset

Thinking like a professional trader

2.) Process-Based Trading

Focus on repeatable systems

3.) Emotional Control

Avoiding impulsive decision-making

Learning Outcome: Participants develop discipline required for long-term success.

Program Instructors

Unlike typical professors, our instructors come from Fortune 500 and Global 2000 companies.

Mr. Sushil Alewa

Director, SEBI Reg. Research Analyst, MBA, CFP

16 years of trading, training & consultancy experience
Specialist in investment management and technical analysis
Conducted over 1,600 investor awareness programs
Financial education trainer associated with SEBI, AMFI, ICAI and IICA initiatives

Mr. Anil Mor

Director, Portfolio Manager & Financial Market Trainer

21+ years of stock market experience
Extensive expertise in HNI portfolio management
Specialist in Equity, Commodity, Currency and Mutual Fund markets

Mr. Yashaswi Anand

Faculty Member

8+ years of market experience
Expert in technical analysis and market research
Experienced trainer for investors and traders

Mr Aman Puri

Algo Trainer

5+ years of stock market experience
Engineering Graduate from Delhi College of Engineering with a strong passion for technology and financial markets.
Helping traders eliminate emotions and follow disciplined strategies.
Focused on Building Innovative Solutions for traders and wealth managers using advanced technology.

Mr Ramkesh

Faculty

5+ years of stock market experience
Specialized Across Equity, Commodity, Currency & Mutual Fund Markets
Deep Market Expertise across Equities, Commodities, Currencies, and Mutual Funds
Focused on Long-Term Wealth Creation & Risk Management