You work as a trader on the Foreign Exchange desk at Arion Bank in Reykjavik, Iceland, looking for a profitable arbitrage opportunity. Using the following cross rates given by the bank, determine whether there is a triangular
M31512 Foreign Exchange Market Analysis Assignment 1 Category Assignment Subject Marketing University _____________ Module Title M31512 Foreign Exchange Market Analysis Assignment Questions Q1. (a) Define in detail the market for foreign exchange and explain the difference between the retail market and the interbank (wholesale) market for foreign exchange. (b) Who are the market participants in the foreign […]