Professional Documents
Culture Documents
P G Apte
I/B Desk
of Bank C
P.G.Apte International Financial Management 5
Corporate Foreign Exchange (CorpFx) Desk
of Bank A
Corporate
Client
of Bank A
CorpFx
Desk
of
Bank A
I/B Desk
of Bank A
P.G.Apte International Financial Management 6
Dealings of Corporate Foreign Exchange
(CorpFx) Desk of Bank A
Export / Import
Desk of Bank A
Client of Outward / Inward
Bank A Remittance
Desk of Bank A
Bid Offer
--------- Bank A
bid ask
---------- Bank B
bid ask
Buy GBP from bank B, sell to bank A. Prices will move.
A B
GBP/USD : 1.4550/1.4560 1.4548/1.4558
--------- Bank A
---------- Bank B
USD/JPY : 110.25/111.10
USD/AUD : 1.6520/1.6530