Parity: Difference between revisions

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#A relationship between market prices at which there are no opportunities for [[arbitrage]]. The prices of composite [[synthetic]] instruments are exactly the same as the prices of the related [[outright]] instruments.
#The official rate of exchange between two currencies, if there is one.
#An exchange rate of 1 between two currencies.


The official rate of exchange between two currencies.


== See also ==
== See also ==
* [[Arbitrage]]
* [[Exchange rate]]
* [[Exchange rate]]
* [[Interest rate parity]]
 
* [[Outright]]
* [[Parity grid]]
* [[Put-call parity theory]]
* [[Synthetic]]

Revision as of 12:59, 5 May 2016

  1. A relationship between market prices at which there are no opportunities for arbitrage. The prices of composite synthetic instruments are exactly the same as the prices of the related outright instruments.
  2. The official rate of exchange between two currencies, if there is one.
  3. An exchange rate of 1 between two currencies.


See also