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Exercise #1: Consider the following quotes from two different banks: Bank B Bid Bank Bid/Ask CHF/EUR EUR/CHF Bank A Ask 0,96 Ask Bid 0,93 1,05
Exercise #1: Consider the following quotes from two different banks: Bank B Bid Bank Bid/Ask CHF/EUR EUR/CHF Bank A Ask 0,96 Ask Bid 0,93 1,05 1,09 What is the best alternative to buy CHF? What is the best alternative to sell CHF? What is the best alternative to buy EUR? What is the best alternative to sell EUR? Can you identify any arbitrage opportunities
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