Assume the bid rate of a Swiss franc is $0.404 while the ask rate is $.475 at Bank X. Assume the bid rate of the Swiss f
Posted: Wed Apr 06, 2022 9:08 am
Assume the bid rate of a Swiss franc is $0.404 while the ask
rate is $.475 at Bank X. Assume the bid rate of the Swiss franc is
$.460 while the ask rate is $0.479 at Bank Y. Given this
information, what would be your gain or loss if you use $4,800,000
and execute locational arbitrage?
rate is $.475 at Bank X. Assume the bid rate of the Swiss franc is
$.460 while the ask rate is $0.479 at Bank Y. Given this
information, what would be your gain or loss if you use $4,800,000
and execute locational arbitrage?