At 45:46 I Mark to market example I don't get why you multiply 60 with 1+ the yearly IR for India/ and then divide with 1 + the yearly IR for USD. We are already 3-months in the period. Shouldn't the calculation be made for the remaining 9 months period instead?
Please check - All the sites explain that the first pair of Currency is known as Base Currency. Even the professional sites are quoting the rates accordingly.
Good point! In the commerce world, there are notations that are set. So for eg the slides shows INR/USD making the USD the base. In the trading world the quotation are shown as USD/INR which is essentially saying USD is the base. So in theory (CFA in this matter), they use the denominator as the base, in the real trading world, the numerator is the base. Hope that helps!
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always when I feel I am lost in some concept I came to Fintree video. You are the best how can explain the difficult concept in easy way!!! THANK YOU
That "Divide by Ask when going down the quote" and "Multiply by Bid when going up the quote" rule is so clutch!
This is an amazing tip!
Triangular Arbitrage has been made easy. Thanks Sir.
At 45:46 I Mark to market example I don't get why you multiply 60 with 1+ the yearly IR for India/ and then divide with 1 + the yearly IR for USD. We are already 3-months in the period. Shouldn't the calculation be made for the remaining 9 months period instead?
same query! there should be 0.75 in power as per logic.
Excellent presentations....
How can I get remaining videos of this series?
Love this video!!!
@41Min The question is asking for a 30day forward contract. In that case the 30day value i.e. 3.9 instead of 15.6 should have been taken??????
He mentioned let's do 60 days instead, therefore the values
Please check - All the sites explain that the first pair of Currency is known as Base Currency. Even the professional sites are quoting the rates accordingly.
Good point! In the commerce world, there are notations that are set. So for eg the slides shows INR/USD making the USD the base. In the trading world the quotation are shown as USD/INR which is essentially saying USD is the base. So in theory (CFA in this matter), they use the denominator as the base, in the real trading world, the numerator is the base. Hope that helps!
Why do you start your triangle with USD?
Can someone please explain how did the answer become 0.0035 premium
It was a discount right in the 90 day forward quote question
He did say it's a discount. It was cut short in the video thou
In the triangular arbitrage if we are moving down the quote as per the usd to mxn should we not have divide by the ask on the second triangular :(
He did divide, thou I understand your confusion. Since it shows going up --> that's for the 1st triangular. Watch and listen carefully again!
Ye pip convention forward rate smjh ni aya bilkul
nice mathod
Here аrе just a few оf thе kеу secrеts insidе my INCRЕDIBLЕ trading sоftwаrе.==>twitter.com/db7128550dfc15ed0/status/822802098999951360 CFА Lеvel II Currencу Exсhangеeеe Raaаtеееs Dеtеrminаtiооoоn аnd Fоrесаsting Pаrt I оf 3
Theory pdf
Theory pdf