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4. Let's assume that we have $10 million with the following bid - ask quotations for Lao/USD in given interbank markets: Laos Thailand bid
4. Let's assume that we have $10 million with the following bid - ask quotations for Lao/USD in given interbank markets: Laos Thailand bid 17.232 16.529,9 ask 17.363 17.112.22 a. Do you see the market discrepancy? b. How does a locational currency arbitrage work? Profit or loss?
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a Yes there is a market discrepancy as the bidask spread is wider than usual The bidask spread of LaoUSD in the given interbank markets is 0131 which ...
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Business Statistics In Practice
Authors: Bruce Bowerman, Richard O'Connell
6th Edition
0073401838, 978-0073401836
