Can someone show me the formula for calculating synthetics?
This is strictly for educational purposes, which will hopefully help with hedging strategy.
Let's say that instead of going long 10000 units of GBP/JPY
I could go long USD/JPY and GBP/USD
How many units should I go long USD/JPY and GBP/USD
to equal 10000 units of GBP/JPY?
Thanks!!!
This is strictly for educational purposes, which will hopefully help with hedging strategy.
Let's say that instead of going long 10000 units of GBP/JPY
I could go long USD/JPY and GBP/USD
How many units should I go long USD/JPY and GBP/USD
to equal 10000 units of GBP/JPY?
Thanks!!!