What's it: Triangular arbitrage is the simultaneous buying and selling of three different currencies and attempts to exploit inconsistencies between their exchange rates. Profits can arise when the cross rates of the three currencies do not
Foreign Exchange Market
Spot Exchange Rate: Meaning, Affecting Factors and How It Works
What's it: Spot exchange rate, spot rate, is the exchange rate of the currency for immediate delivery. The standard settlement date for this transaction is (T + 2) after the trade date. In theory, the delivery should be immediate, a few