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You are given the following spot quotes on the same pair of currencies in two different markets from two different brokers: Quotes for the Indian
You are given the following spot quotes on the same pair of currencies in two different markets from two different brokers:
Quotes for the Indian Rupee against the British pound: 0.0125 0.0145
Quotes for the British pound against the Indian Rupee: 82- 86
Which market would you use of you want to BUY Indian Rupees?
Which market would you use if you want to SELL Indian Rupees?
The first pair of quotes could be made in which country?
The second pair of quotes could be made in which country?
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Options Trading Option Trading Strategies For Beginners
Authors: Alan Richards
1st Edition
153274479X, 978-1532744792
