macrocephalopod Retweeted Harel Jacobson
This is really important to understand if you are going to trade EM FX (or if you are going to buy EM stocks or bonds and plan to hedge the currency exposure)https://twitter.com/VolQuant/status/1374047092063227904 …
macrocephalopod added,
Harel Jacobson @VolQuant
Let's talk FX funding..
Today's move in $TRY is a great opportunity to talk about a rather niche segment of FX trading which is the funding cost..
Generally speaking, when we trade any FX spot (buy CCYx/ sell CCYz) the trade settles in T+2 days (except TRY and CAD who are T+1) https://twitter.com/VolQuant/status/1373913311880876034 …
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2:06 PM - 22 Mar 2021
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