2 thoughts on “Triangular Set of the Triangle Set”
Felix
Triangle settlement calculation: Triangle: A/BXC/AXB/C> 1 starts with B and ends B with C to buy B.
triangle: replace the three types of the same formula to the same price method, and then multiply the coefficient. R n , such as:
New York Market: 1 USD = 7.82 Hong Kong dollars The price method here is (Hong Kong dollar/USD) similar
Hong Kong market: 1 Hong Kong dollar = 0.97 RMB (RMB/Hong Kong dollars)
Set Shanghai Market: 1 USD = 6.75 RMB (RMB/USD)
The form of Hong Kong dollars/USD)*(RMB/Hong Kong dollar)*(USD/RMB). In the above example, we need to convert the Shanghai market to: 1 RMB = (1/6.75) US dollars. (USD/RMB)
Start calculation: (Hong Kong dollars/USD)*(RMB/Hong Kong dollars)*(USD/RMB) = 7.82*0.97*(1/6.75) = 1.1238> 1, so It is necessary to operate in the direction: buy 7.82 Hong Kong dollars in the New York market, buy 7.82*0.97 = 7.5854 yuan in the Hong Kong market, buy 7.5854*(1/6.75) = 1.124 US dollars in the Shanghai market, so Earn a 0.124 dollar. The direction is to sell the dollar to buy RMB, which is the direction of the multiplication.
It: If (USD/Hong Kong dollar)*(Hong Kong dollars)*(Hong Kong dollars)*(RMB/USD) bidding method, you need to convert the Hong Kong and New York market,
New York Market: 1 HK $ 1 = (1/7.82) USD, (USD/Hong Kong dollar),
Hong Kong Market: 1 RMB = (1/0.97) Hong Kong dollar, (Hong Kong dollar/RMB),
The start calculation: (Hong Kong dollars/USD)*(RMB/Hong Kong dollars)*(USD/RMB) = (1/7.82)*(1/0.97)*6.75 = 0.8899 u003C1 So there is a arbitrage opportunity: in The Shanghai market is used for $ 1 for $ 1, the New York market is $ 7.82 for HK $ 7.82, and finally used 7.82 Hong Kong dollars in the Hong Kong trading market for 7.5854 yuan, which earns 0.8354 yuan. (It should be noted that when entering and exiting, the same currency is usually taken back, so the New York trading market can only be used as a transit station. Two trading markets containing the RMB are used as the entry and exit market.) Generally, there will be no huge profits that can make a few dollars in a few dollars. And all the above calculation formulas are intermediate exchange rates. When actual transactions, you need to use the purchase and selling price of each market.
In fact, it is found that there is no essential difference between the direction of the multiplication and the direction of the removal. It is only relative to the price of the price.
Triangle settlement calculation: Triangle: A/BXC/AXB/C> 1 starts with B and ends B with C to buy B.
triangle: replace the three types of the same formula to the same price method, and then multiply the coefficient. R n
, such as:
New York Market: 1 USD = 7.82 Hong Kong dollars The price method here is (Hong Kong dollar/USD) similar
Hong Kong market: 1 Hong Kong dollar = 0.97 RMB (RMB/Hong Kong dollars)
Set Shanghai Market: 1 USD = 6.75 RMB (RMB/USD)
The form of Hong Kong dollars/USD)*(RMB/Hong Kong dollar)*(USD/RMB). In the above example, we need to convert the Shanghai market to: 1 RMB = (1/6.75) US dollars. (USD/RMB)
Start calculation: (Hong Kong dollars/USD)*(RMB/Hong Kong dollars)*(USD/RMB) = 7.82*0.97*(1/6.75) = 1.1238> 1, so It is necessary to operate in the direction: buy 7.82 Hong Kong dollars in the New York market, buy 7.82*0.97 = 7.5854 yuan in the Hong Kong market, buy 7.5854*(1/6.75) = 1.124 US dollars in the Shanghai market, so Earn a 0.124 dollar. The direction is to sell the dollar to buy RMB, which is the direction of the multiplication.
It: If (USD/Hong Kong dollar)*(Hong Kong dollars)*(Hong Kong dollars)*(RMB/USD) bidding method, you need to convert the Hong Kong and New York market,
New York Market: 1 HK $ 1 = (1/7.82) USD, (USD/Hong Kong dollar),
Hong Kong Market: 1 RMB = (1/0.97) Hong Kong dollar, (Hong Kong dollar/RMB),
The start calculation: (Hong Kong dollars/USD)*(RMB/Hong Kong dollars)*(USD/RMB) = (1/7.82)*(1/0.97)*6.75 = 0.8899 u003C1 So there is a arbitrage opportunity: in The Shanghai market is used for $ 1 for $ 1, the New York market is $ 7.82 for HK $ 7.82, and finally used 7.82 Hong Kong dollars in the Hong Kong trading market for 7.5854 yuan, which earns 0.8354 yuan. (It should be noted that when entering and exiting, the same currency is usually taken back, so the New York trading market can only be used as a transit station. Two trading markets containing the RMB are used as the entry and exit market.) Generally, there will be no huge profits that can make a few dollars in a few dollars. And all the above calculation formulas are intermediate exchange rates. When actual transactions, you need to use the purchase and selling price of each market.
In fact, it is found that there is no essential difference between the direction of the multiplication and the direction of the removal. It is only relative to the price of the price.
If it is Hong Kong dollars-> British