<t>MJ,to avoid the check cashing, y can't u hv a USD a/c with say OANDA (US,UK,SG) etc (superb money txfer rates) - or just a US bank ? - have CS wire into ur USD a/c - then u wire out from them into local A$ a/c as needed?sorry if this was already considered, this is such a long (but fantastic) thr...

<t>"For equities, things like pair trades work cause you end up just factoring out the market risk, but that doesn't really work with FX because if you pair trade a currency pair you just get another currency pair, and their is no reason why that should be a mean reverting process" >wdai ...not into...

QuoteOriginally posted by: adamathisdeskYeah I think you're right. I sort of cornered one of the higher ups here on this question and he didn't really know, just said it was industry practice in risk management.that must be very reassuring to your bank' s shareholders !!

<t>mirror what u r missing is Int Rt parity = FX fwd points will be priced to just cxl/wipe out eurodepo int differenc freddie's Ans explains it all - only mirror didn't get the sign wrong - (actually in the good old days there were no signs with the quotes - u had to figure it out !)"FX swap was pr...

OP,the TED sprd is one type of cred. sprd - wudnt it be better to just leave it like that ? the other take is way too complicated - actually not even very clear

just wondering ,isn't shortng the cash stock also an option - simplest !very liquid - so no stock borrow probs open a margin a/c with anyone like IB etc

<r>not really ur exact need but in case u don't have these?<URL url="http://www.multpl.com/s-p-500-dividend-yield/table?f=mhttp://www.economagic.com/em-cgi/data.exe/sp/day-sp500c"><LINK_TEXT text="http://www.multpl.com/s-p-500-dividend- ... day-sp500c">http://www.multpl.com/s-p-500-dividend-yield/ta...