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Posted on May 19, 2024

You undertake three spot deals in USD/CHF as follows. Sell USD 4 million at 1.6723 Buy USD 1 million at 1.6732 Buy USD 5 million

You undertake three spot deals in USD/CHF as follows.

Sell USD 4 million at 1.6723

Buy USD 1 million at 1.6732

Buy USD 5 million at 1.6729

The market closes at 1.6730.

What is your position? What is the average rate of this position?

What is your net profit or loss?

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