Home :: Business & Finance :: Personal Finance

Click Here for FREE DownloadForex Arbitrage Calculator for Palm

View screenshot
Version 1.3   Online Registration Not Yet Available
25-Feb-2005 69 K Palm OS; Shareware
$19.00
Never Expires
Forex Arbitrage Calculator allows to determine risk free arbitrage opportunities on forex cross rates.
Published by AdvMathAppl Forex Arbitrage Calculator for Palm Home Page
p Forex Arbitrage Calculator allows to determine risk free arbitrage opportunities on forex cross rates.
/p
pForex Arbitrage is an arbitrage among real rates and synthetic cross rates in different local markets.
/p
For example, suppose a trader has accounts with forex brokers in New York, Tokyo, and London. As far as local quotes are determined by local players, there are sometimes arbitrage opportunities among different locations.
In our case the real rates are gbp/usd 1.6388 1.6393 (NY), eur/usd 1.1832 1.1837 (Tokyo), and the cross rate eur/gbp is 0.7231 0.7236 (London)
p
In such situation exists risk-free arbitrage opportunity with estimated profit equal to $13.1 on a mini contract.
Indeed buying 100,000 EUR for $118,370 (10 mini lots or a one standard lot), and selling 100,000 EUR for 72,310 GBP, and
selling 72,310 GBP for $118,501 gives zero exposures in EUR and GBP with profit of $131.
/p
Such arbitrage is possible if the traders positions are netting (clearing) by some clearing house.

Click Here for FREE Download


(c) 2017 RF1 Systems


counter