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Use the following 3 quotations for the following 3 questions on triangular arbitrage Quotation 1: AUD: USD0.74942 Quotation 2: HKD: USD0.12896 Quotation 3: HKD: AUD0.1800
Use the following 3 quotations for the following 3 questions on triangular arbitrage
Quotation 1: AUD: USD0.74942
Quotation 2: HKD: USD0.12896
Quotation 3: HKD: AUD0.1800
What is the complete trading direction to conduct triangular arbitrage in this situation?
A. HKD ==> USD ==> AUD ==> USD
B. AUD ==> USD ==> HKD ==> AUD
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