|
PureBytes Links
Trading Reference Links
|
On Wed, 17 Dec 1997 15:52:24 -0800, you wrote:
>James, a good place to start is to learn how banks make markets in the
>Forex. Then you can prepare
>different indicators to measure relative movement differences and how they
>are pricing spot and different derivatives. I like to look at spot and
>compare how the IMM is pricing. I guess the key is PRICE. Seems like they
>will price the derivatives higher or lower depending on where they think
>the market is heading. Higher if it is going down. Or lower if it is
>going up.
>
In other words, they wild set themselves up to be on the right side of
the bid/ask spread.
jar@xxxxxxxx
James A Roush
|