2min chapter

The Market Huddle cover image

Self-Taught Quant (guest: Harel Jacobson)

The Market Huddle

CHAPTER

Do You Quote Rand Versus the Mexican Peso?

Harold: Back in 2012, I think I asked is a joke from few banks quote options for the South African Rand versus the Mexican the Mexican peso. Two emerging markets currencies that I would never quote anyone because they are too crazy currencies and back in 2012, they were like ridiculously volatile. So even though and the dealers sit there and they see this and they continually, you know, offered to cheat because they are like, yeah,. Harold: "I have another funny story"

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