Multiple Choice
A customer asks for a price in 3- month CHF/JPY. You quote 56/54. The customer deals at 54. What have you done?
A) Bought CHF against JPY spot and sold JPY against C
B) Sold CHF against JPY spot and bought CHF against J
C) Bought CHF against JPY spot and sold CHF against J
D) Bought JPY against CHF 3-month outright
Correct Answer:
Verified
Correct Answer:
Verified
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