Exchange Rates Flashcards
1
Q
How do we handle swap rates x-y
A
If x>y we substract if x<y we add
2
Q
What’s the bid ask spread
A
(Ask price - Bid)/Ask
How do we handle swap rates x-y
If x>y we substract if x<y we add
What’s the bid ask spread
(Ask price - Bid)/Ask