2 thoughts on “The calculation method of triangular settlement”
Caleb
Triangle sets also translated "indirect sets". Use the exchange rate difference between three currencies in different markets for arbitrage. When the cross exchange rate calculated by the currency of the two countries through the exchange rate of the third country is not at the same time, the exchange rate quotation between the currency between the two countries in the market at the same time is not at the same time, and the profit can be used to take this arbitrage activity. Triangular settlement calculation: Triangle: A/BXC/AXB/C> 1 starts with B buy A and ends B to buy B. triangle: replace the three formulas to the same price method, and then multiply the coefficient. If the result is greater than 1, it is done in the direction of the multiplier. The response time: 2021-08-10, please refer to the official website of Ping An Bank. [Ping An Bank I know] Want to know more? Come and see "Ping An Bank, I know" ~ B.pingan/Paim/Iknow/Index
Triangle settlement calculation: Triangle: A/BXC/AXB/C> 1 starts with B and ends B with C to buy B. triangle: replace the three formulas with the same price method, and then multiply the coefficient. If the result is greater than 1, it is done in the direction of the multiplication. : New York Market: 1 USD = 7.82 Hong Kong dollar. US dollar = 6.75 RMB (USD/RMB) In the same price method, that is to say, converted into (USD/Hong Kong dollars)*(Hong Kong dollars/RMB)*(RMB/USD). The conversion of the Shanghai market is converted to: 1 yuan = (1/6.75) US dollars. (RMB/USD) The start calculation: (USD/Hong Kong dollars)*(HKD/RMB)*(RMB/USD) = 7.82*0.97*(1/6.75) = 1.1238> 1, so it is necessary Direction operation: New York market is $ 1 to buy 7.82 Hong Kong dollars, the Hong Kong market uses 7.82 Hong Kong dollars to buy 7.82*0.97 = 7.5854 yuan, 7.5854 yuan on the Shanghai market to buy 7.5854*(1/6.75) = 1.124 US dollars, so that you earn 0.124 from 0.124 The dollar. The direction is to sell the US dollar to buy the RMB, which is the direction of the multiplication. Ip: If (Hong Kong dollars/USD)*(RMB/HK $)*(USD/RMB) is based on the price method, you need to convert the Hong Kong and New York market, New York market: 1 Hong Kong dollar = Hong Kong dollar = Hong Kong dollar = Hong Kong dollar = HK $ = (1/7.82) USD, (Hong Kong dollar/USD), Hong Kong market: 1 RMB = (1/0.97) Hong Kong dollars, (RMB/Hong Kong dollars), RMB/Hong Kong dollars)*(USD/RMB) = (1/7.82)*(1/0.97)*6.75 = 0.8899 u003C1 So there is a arbitrage opportunity: 6.75 RMB in the Shanghai market for $ 1, and the New York market for $ 7.82 for 7.82 Hong Kong dollars, finally used 7.82 Hong Kong dollars in the Hong Kong trading market for 7.5854 yuan, so that they earned 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.
Triangle sets also translated "indirect sets". Use the exchange rate difference between three currencies in different markets for arbitrage. When the cross exchange rate calculated by the currency of the two countries through the exchange rate of the third country is not at the same time, the exchange rate quotation between the currency between the two countries in the market at the same time is not at the same time, and the profit can be used to take this arbitrage activity.
Triangular settlement calculation: Triangle: A/BXC/AXB/C> 1 starts with B buy A and ends B to buy B.
triangle: replace the three formulas to the same price method, and then multiply the coefficient. If the result is greater than 1, it is done in the direction of the multiplier.
The response time: 2021-08-10, please refer to the official website of Ping An Bank.
[Ping An Bank I know] Want to know more? Come and see "Ping An Bank, I know" ~
B.pingan/Paim/Iknow/Index
Triangle settlement calculation: Triangle: A/BXC/AXB/C> 1 starts with B and ends B with C to buy B.
triangle: replace the three formulas with the same price method, and then multiply the coefficient. If the result is greater than 1, it is done in the direction of the multiplication. :
New York Market: 1 USD = 7.82 Hong Kong dollar. US dollar = 6.75 RMB (USD/RMB)
In the same price method, that is to say, converted into (USD/Hong Kong dollars)*(Hong Kong dollars/RMB)*(RMB/USD). The conversion of the Shanghai market is converted to: 1 yuan = (1/6.75) US dollars. (RMB/USD)
The start calculation: (USD/Hong Kong dollars)*(HKD/RMB)*(RMB/USD) = 7.82*0.97*(1/6.75) = 1.1238> 1, so it is necessary Direction operation: New York market is $ 1 to buy 7.82 Hong Kong dollars, the Hong Kong market uses 7.82 Hong Kong dollars to buy 7.82*0.97 = 7.5854 yuan, 7.5854 yuan on the Shanghai market to buy 7.5854*(1/6.75) = 1.124 US dollars, so that you earn 0.124 from 0.124 The dollar. The direction is to sell the US dollar to buy the RMB, which is the direction of the multiplication.
Ip: If (Hong Kong dollars/USD)*(RMB/HK $)*(USD/RMB) is based on the price method, you need to convert the Hong Kong and New York market,
New York market: 1 Hong Kong dollar = Hong Kong dollar = Hong Kong dollar = Hong Kong dollar = HK $ = (1/7.82) USD, (Hong Kong dollar/USD),
Hong Kong market: 1 RMB = (1/0.97) Hong Kong dollars, (RMB/Hong Kong dollars),
RMB/Hong Kong dollars)*(USD/RMB) = (1/7.82)*(1/0.97)*6.75 = 0.8899 u003C1 So there is a arbitrage opportunity: 6.75 RMB in the Shanghai market for $ 1, and the New York market for $ 7.82 for 7.82 Hong Kong dollars, finally used 7.82 Hong Kong dollars in the Hong Kong trading market for 7.5854 yuan, so that they earned 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.