What does the FX Arbitrage Grid do?
FX traders constantly need to check FX Arbitrage levels to look for cheaper or better ways to quote depos or Fwds.
The Grid is especially useful on 2 fronts:
Firstly it allows continuous assessment of a given situation, displaying a whole range of prices based around current market levels. This greatly reduces the need to tap in scenarios repeatedly.
Using mid prices, The Grid provides a view of breakeven levels for depos and Fwds using a range of values either side of the mid prices.
When you want to zero in on a precise price, the Quick Arb section can be used. It is always populated with the live 2 sided prices. You can then type the actual values you wish to use (optional without losing sight of the market values.)
Keyboard usage is therefore minimised. Quick button clicks allow selection of any currency pair, together with a broken data facility to calculate non-standard dates