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We develop the optimal trading strategy for a Foreign Exchange (FX) broker who must liquidate a large position in an illiquid currency pair. To maximize revenues, the broker considers trading in a currency triplet which consists of the illiquid pair and two other liquid currency pairs. The...
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look at the impact of "mistakes" in exchange rate regime choice on actual (nominal) exchange rate volatility. Countries … exchange rate volatility than other countries having a fixed exchange rate regime. We also invetigate the role of such mistakes …
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also look at the impact of mistakes in exchange rate regime choice on actual (nominal) exchange rate volatility. Countries … higher exchange rate volatility than other countries having a fixed exchange rate regime. We also investigate the role of …
Persistent link: https://www.econbiz.de/10009781534
look at the impact of "mistakes" in exchange rate regime choice on actual (nominal) exchange rate volatility. Countries … exchange rate volatility than other countries having a fixed exchange rate regime. We also investigate the role of such …
Persistent link: https://www.econbiz.de/10013321075