Triangular Arbitrage Illustration 6
A New York bank is quoting
USD/GBP: 1.7540/45 and CHF/USD: 1.5700/05
The CHF/GBP quote given by a London Bank is 2.7385/90
Can you make arbitrage gains? How?
(Ans.: Cross Rate 2.7538/2.7554 and Gain 5,396)
Triangular Arbitrage Illustration 6
A New York bank is quoting
USD/GBP: 1.7540/45 and CHF/USD: 1.5700/05
The CHF/GBP quote given by a London Bank is 2.7385/90
Can you make arbitrage gains? How?
(Ans.: Cross Rate 2.7538/2.7554 and Gain 5,396)
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