The table below presents bid-ask quotes for Swiss Francs (CHF) from several currency dealers around the world. Currency Dealer in Bid/Ask Quotes for CHF New York; Hong Kong In order to take advantage of locational arbitrage, a currency speculator should buy CHF from the dealer and sell CHF to the O Hong Kong; Zurich O London; New York London $0.7464-71 O Zurich; Hong Kong New York Zurich Hong Kong $0.7469-76 $0.7471-74 $0.7460-70 dealer.

The table below presents bid-ask quotes for Swiss Francs (CHF) from several currency dealers around the world. In order to take advantage of locational arbitrage, a currency speculator should buy CHF from the dealer and sell CHF to the dealer. New York; Hong Kong Hong Kong; Zurich London; New York Zurich; Hong Kong