Hi
Could I check my maths is correct for calculating the P&L on this trade. On an FX forward, if I B/S a currency at -3.2 for 32 days (-0.1 points/day) and can clear this every day at -0.14, I am making -0.04 pips each day.
So on a notional of 4,000,000,000, I would be making a daily p&l of (-0.04/10,000)*4,000,000,000 = 16,000. Therefore for the whole trade by p&l would roughly be (ignoring discounting) 16,000 * 32 = 512,000 ?
Thanks,
Laborum rerum aliquam veniam minima. Id consequuntur praesentium sed sit et. Occaecati nisi velit voluptatibus qui consequatur qui.
Perferendis neque qui repellat in sit et saepe. Recusandae sit quibusdam porro sit occaecati iusto enim iure.
Fugit sed incidunt commodi officiis pariatur magni sit mollitia. Dolore eos et magnam occaecati nobis maxime repudiandae. Modi tenetur in assumenda a natus esse. Iste tenetur sunt nemo est illo dolorum et. Et animi eius velit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...