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GBP arbitrage: VUSA to GSPX; HSI to China MSCI (GBX)

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  1. #11

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    Not go lower than what number?


  2. #12

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    Quote Originally Posted by shri:
    Not go lower than what number?
    I think @GentleGeorge is being sarcastic...

    Fair enough if i had crystallized the fx difference this morning I'd have lost out!
    shri likes this.

  3. #13

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    Quote Originally Posted by Javatar:
    I think @GentleGeorge is being sarcastic...

    Fair enough if i had crystallized the fx difference this morning I'd have lost out!
    In all seriousness those FX hedges don't come cheap, and as @TheBrit said it's 50/50 directionally, so I would recommend avoiding

  4. #14

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    paging @bdw. He can tell you all about currency hedging and premium deposits.


  5. #15

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    Last edited by ArrynField; Yesterday at 12:41 AM.

  6. #16

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    Quote Originally Posted by ArrynField:
    That news is out of date, it's below 1.09 already

    Bring on parity

  7. #17

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    Just bought stuff from uk, effectively 20% discount from a month or two ago.


  8. #18

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    Aug 2019
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    This thread is going to turn into r/wallstreetbets with my degenerate decision to switch my VUSA to GSPX last night when GBP:HKD was 8.65.

    I guess time will tell if it was an awful decision. Aware that it's already dropped to 8.52 and I'll be the subject of ridicule but hopefully it's at least entertaining for you all.


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