BAFI1002 Financial Markets and Institutions Assessment Task 2 -… BAFI1002 Financial Mark
BAFI1002 Financial Markets and Institutions Assessment Task 2 -… BAFI1002 Financial Markets and Institutions Assessment Task 2 – Stage 2 FX report (Group Project) (Eikon)Weight: 20% Report Instruction: Your team is signed to both short-term and long-term trading objectives. Based on the primary and secondary objectives, your team is invited to help clients to form and implement the strategy in achieving their specific objectives. 1. Outline the trading strategy that you planned to achieve the objectives. 2. Explain the transactions you made. Due to favourable lending conditions your company has just raised significant sum of 40million US dollars from the sale of 180-day treasury bills. You are required to raise GBP 35m to pay for an equipment purchase You have just purchased raw materials from Japan with the payment due in 2 days time and hence you are required to raise JPY 6bn to pay for itPlease use these bank quotes, and select the best alternative for the tradings.REMINDER: You can trade a maximum of 20m per transaction for all currencies except JPY You can trade a maximum of 2bn per transaction for JPY Image transcription text533 hi: 1 Bank 1 Bank 2 Bank 2 531k 3 Bank 3 Bank 4 Bank 4 5. 2242 5. 2259 5. 2355 5.5555 . 5.5525 . 5.5522 .93.5459 . 93.5445 . 93.5442 93.5551 1.5915 . 1.5595 . 1.5555 1.1531 1.2532 . 1.2515 . 1.2544 1.2921 . . 125.111 .125.112 . 125.115 125.122 125.119 125.122 Bank 1 Ban I: 1 Bank 2 Bank 2 Ban: 3 Bank 3 Ban: 4 Bank 4 … Show more… Show moreFor the primary objective, you are expected to explain the specific trading strategies you used in detail, demonstrate the currencies you buy or sell to achieve your trading objective and the quotation you accept for implementing the trading strategy. In addition, you could also explain the transactions that contribute to achieving the trading objective. The secondary objective is linked with your stage 1 individual market view. Based on the individual market views each member in your team has completed in Stage 1, develop a market outlook and provide your Forex trading strategies you intend to undertake. Given your views (developed in Stage 1) about current and future market conditions, you (as a team) should devise a trading objective and strategy that you will try to implement. Strategies will specify how you will go about achieving your objective in a way that benefits your corporations – which currencies you will buy or sell. Where appropriate you should also devise a speculation strategy which will allow you to create portfolio of currencies that will enable your organisation to take advantage of your predicted changes in the exchange rates. All i need is , what rate from GDP/USD and USD/JPY from TABLE #14 and #15 provides the best offer, you have 40 million USD total, you are required to get 35 million GBP and 6 bn JPY. You can trade a maximum of 20m per transaction for all currencies except JPY. You can trade a maximum of 2bn per transaction for JPYIF any refences is needed, please let me know Accounting Business Managerial Accounting MKTG BAFI1002 Share QuestionEmailCopy link
