Set up a foreign exchange card in the London foreign exchange market, as follows

Obviously, the real-time exchange rate in new york market is higher than that in London market, that is, the pound is higher in new york market and lower in London market. Arbitrators can use dollars to buy pounds in London market (at the bid price) and then sell pounds in new york market (at the bid price) to reduce costs, which is arbitrage profit:

1721000/1.7210 *1.7311721000 =/.

Foreign exchange regulatory qualification

Is it necessary to pay tax on the personal account of Bank of America when it receives overseas remittance?

One-dollar coins were valuable in those days.

Initial deposit amount of foreign currency time deposit

Can I transfer foreign exchange in my name across banks?

short-term loan

What are the operating principles of the foreign exchange market?

Electronic port

Foreign exchange inspection from all angles

Unique risks of stock index futures