BAFI1002 Financial Markets and Institutions Assessment Task 2 - Stage 2 FX report (Group Project) (Eikon) Weight: 20% Report Instruction: Your team is signed to both short-term and long-term trading objectives. Based on the primary and secondary objectives, your team is invited to help clients to form and implement the strategy in achieving their specific objectives. 1. Outline the trading strategy that you planned to achieve the objectives. 2. Explain the transactions you made.

Due to favourable lending conditions your company has just raised significant sum of 40million US dollars from the sale of 180-day treasury bills. You are required to raise GBP 35m to pay for an equipment purchase You have just purchased raw materials from Japan with the payment due in 2 days time and hence you are required to raise JPY 6bn to pay for it

Please use these bank quotes, and select the best alternative for the tradings.

REMINDER: You can trade a maximum of 20m per transaction for all currencies except JPY You can trade a maximum of 2bn per transaction for JPY

533 hi: 1 Bank 1 Bank 2 Bank 2 531k 3 Bank 3 Bank 4 Bank 4 5. 2242 5. 2259 5. 2355 5.5555 . 5.5525 . 5.5522 . 93.5459 . 93.5445 . 93.5442 93.5551 1.5915 . 1.5595 . 1.5555 1.1531 1.2532 . 1.2515 . 1.2544 1.2921 . . 125.111 . 125.112 . 125.115 125.122 125.119 125.122 Bank 1 Ban I: 1 Bank 2 Bank 2 Ban: 3 Bank 3 Ban: 4 Bank 4 Bid 5.2245 5 2224 5 2359 5. 2295 5. 2455 5.5521 . 5.5525 . 5.5521 . 5.5515 5.5255 93.5415 . 93.5425 . 93.5559 . 93.5552 93.5524 1.5919 . 1.5541 . 1.5555 . 1.5555 1.5955 1.2539 . 1.2595 . 1.2552 1.2953 1.2519 1.2943 125.112 . 125.115 . 125.112 125. 122 125.119 125.122