Академический Документы
Профессиональный Документы
Культура Документы
: US$ 1.4419-36
SFr
: US$ 0.6250-67
What is the direct quote for the pound in Zurich?
What is the direct quote for the Swiss franc in
London?
Forex Arbitrage
Arbitrage Defined:
Bilateral/Spatial Arbitrage
Triangular Arbitrage (using midpoints)
Triangular Arbitrage (using bid-ask spreads)
Forward Market
Forward Market
Forward Premium/Discount
When the forward bid in points is smaller than the ask rate in
points, the forward rate (i.e. foreign currency) is at a
premium and the points should be added to the spot rate to
compute the outright quote. Conversely, if the bid in points
exceeds the ask in points, the forward rate is at a discount
and the points must be subtracted from the spot price.
90-day
26-22
9-14
180-day
42-35
25-38
Forex Risk
Exchange Risk