Exchange Rates Flashcards

1
Q

How do we handle swap rates x-y

A

If x>y we substract if x<y we add

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What’s the bid ask spread

A

(Ask price - Bid)/Ask

How well did you know this?
1
Not at all
2
3
4
5
Perfectly