Question
Use the following 3 quotations for the following 3 questions on triangular arbitrage Quotation 1: AUD: USD0.74942 Quotation 2: USD: JPY100 Quotation 3: AUD: JPY84
Use the following 3 quotations for the following 3 questions on triangular arbitrage
Quotation 1: AUD: USD0.74942
Quotation 2: USD: JPY100
Quotation 3: AUD: JPY84
What is the correct complete trading direction for the arbitrage?
| A. AUD ==> USD ==> AUD ==>JPY | |
| B. AUD ==> USD ==> JPY ==> AUD | |
| C. AUD ==> JPY==> USD ==> AUD | |
| D. AUD ==> JPY==> USD | |
| E. JPY==> USD ==> AUD ==> USD | |
| F. JPY==> USD ==> AUD |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Crypto Finance Law And Regulation
Authors: Joseph Lee
1st Edition
0367086611, 978-0367086619
