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,
Enim velit illo voluptates dignissimos. Aliquam aut non quisquam quod atque.
Incidunt necessitatibus et laudantium tempora vel aut. Molestiae et sed omnis repellat voluptatem porro. Eos veniam ipsum molestiae eum voluptas voluptatem qui sunt. Ullam autem autem sapiente nostrum numquam quaerat.
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...