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Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Re: Forex play
ITG
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Feb 23, 2015 06:35PM
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Feb 23, 2015 06:39PM
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Feb 23, 2015 06:56PM
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Feb 23, 2015 07:01PM

Okay your last trade was available at 1.2644. So if you can buy USD at that rate your cost to buy POETF in CAD is $1.54. You can sell PTK at $1.59 and take the CAD spread of $0.05 with no risk.

What I'm saying is the imputed forex translation is approximately 30% from one exchange to the other and actual exchange rates are less so there's a spread there?

Disclaimer: absolutely not a DT or trader of any kind, would not attempt it but seasoned industry players could and would do that if the opportunity presented itself.

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Feb 24, 2015 10:13AM
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Feb 24, 2015 10:39AM

Feb 24, 2015 10:39AM
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Feb 24, 2015 11:26AM
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