Explain the meaning of triangular arbitrage, and show how it is related to cross rates.
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Explain the meaning of triangular arbitrage, and show how it is related to cross rates.
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Triangular arbitrage is a trading strategy employed in the foreign exchange market to exploit price discrepancies between three currency pairs that sh...View the full answer
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Related Book For
Foundations Of Financial Markets And Institutions
ISBN: 9780136135319
4th Edition
Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones
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