Triangular Arbitrage Illustration 2
From following 3 quotes, examine if any arbitrage gains are possible and if yes, calculate the same for SGD 1 million.
64.85 JPY per SGD
0.0113 CHF per JPY
0.7345 CHF per SGD
(Ans.: SGD 2,313/1 million SGD)
Triangular Arbitrage Illustration 2
From following 3 quotes, examine if any arbitrage gains are possible and if yes, calculate the same for SGD 1 million.
64.85 JPY per SGD
0.0113 CHF per JPY
0.7345 CHF per SGD
(Ans.: SGD 2,313/1 million SGD)
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