Arbitrageurs are investors or traders who seek to profit from price discrepancies in different markets. They buy and sell the same asset simultaneously in different locations or forms to take advantage of price differences. This practice helps ensure that prices remain consistent across markets, contributing to overall market efficiency. These traders often operate in various financial markets, including stocks, currencies, and commodities. By quickly executing trades, arbitrageurs can capitalize on fleeting opportunities before the market corrects itself. Their activities play a crucial role in maintaining balance and fairness in the financial system, benefiting all market participants.