AgentSkillsCN

cross-listing-arbitrage

双上市股票、ADR 与 GDR 之间的价格平价套利工作流，适用于在外汇与时区调整下进行跨市场上市错位的监控与交易。适用于在涉及跨市场上市错位的监控与交易任务。

SKILL.md
--- frontmatter
name: cross-listing-arbitrage
description: "Cross-listing arbitrage workflows for pricing parity across dual-listed equities, adrs, and gdrs with fx and timezone adjustments. use when tasks involve monitoring and trading cross-market listing dislocations."

Cross Listing Arbitrage

objective

Capture cross-listing dislocations with robust parity, fx, and conversion-friction controls.

workflow

  1. •define listing pairs and conversion ratios across venues.
  2. •compute parity-adjusted prices using live fx and fee inputs.
  3. •estimate executable edge after transfer and settlement frictions.
  4. •stress dislocation persistence across timezone overlap regimes.
  5. •deploy only when parity edge exceeds operational costs.

required diagnostics

  • •parity gap distribution by listing pair and session overlap.
  • •fx adjustment error impact on trade signals.
  • •conversion-fee and custody-friction sensitivity.
  • •dislocation half-life and execution-delay decay.
  • •post-trade convergence attribution by component.

risk controls

  • •enforce minimum net-edge threshold after all conversion costs.
  • •enforce inventory and settlement exposure limits by venue.
  • •enforce suspension rules during fx-feed divergence.

outputs

  • •run python scripts/cross_listing_arbitrage_diagnostics.py input.csv --output diagnostics.json and keep the json artifact.
  • •write an implementation memo using references/cross-listing-arbitrage-playbook.md with assumptions, tests, limits, and rollout plan.

resources

  • •use scripts/cross_listing_arbitrage_diagnostics.py for deterministic diagnostics.
  • •use references/cross-listing-arbitrage-playbook.md for the domain checklist and delivery structure.