Canadian Dollar- USA dollar Arbitrage?
551312
http://www.ask.com/web?o=0&qsrc=19&q=Will+the+equalization+of+the+%22US+Dollar%22%2Fcanadian+dollar+create+arbitrary+opportunities+when+the+2+currencies+merge%3F
66128
well, as USD means us dollars ,,, then 861.20 USD is 861.20 amercian dollars .... ha? ;-)
528836
I doubt you'll find real-time quotes for free anywhere because the SEC doesn't allow it in the US, at least.  I'm not sure about the difference for Canada.  There are a few ways, though.  If you have an account with the right brokerage firm, they'll often provide some real-time quotes.\n\nTD Waterhouse used to do this, but they got bought by Ameritrade.  Yahoo Finance offers a 14-day trial before charging 11-14/month.
300695
So i guess you know what forex trading is.\n\nFutures and options and forwrds, the easiest, are a kind of derivatives. Derivatives are a financial instrument whose value derives form the value of other, more basic underlying assets.\n\nNow, forwards are contracts in which the price of a commodity or currency is set for the future. It has to do with expectations of the market, and how the market thinks, based on information today, the price of those commodities or currencies will be in a certain date.\nLets say the exchange rate of mexican pesos for us dollars today is $11.09. That´s the spot exchange rate. Now, lets say you and i agree that in june 2006, im your gonna sell me american dollars at an exchange rate of $11.1828. If my expectation is the peso will be higher, im gonna make a deal with you. So, the future of the pedo, for june 2006 will be $11.1828. Imagine our deal, but not made between us, but between thousands of dealers, in the Chicago MArket.\nCompanies use futures a lot as a way to protect themselves. I believe in english its called hedging. If an american firm sells water tanks to a firm in France, but the payment isnt due untill 45 days later, both companies would like to agree to make the exchange of euros for us dollars at a future exchange rate. That way they now exactly how much they owe or get. The same with commodity prices. A future of the price of oil is nothing more than a contract agreeing on the future price of the transaction. Funny thing is, you and i can agree on an oils future contract, where im selling and your buying, but the barrel of oil is never transacted. What we do is, lets say the future price of oil for august is $73 usd. im selling, you are buying, and we agree on that price. Come august 31st, the real price of oil is $78 usd. since you are buying, you win $5 bucks per barrel right? And i lose % per barrel... so instead of giving you a barrel of oil you cannot even store, i just give you $5 per barrel. _If the real price had been $65, i would have won $8 per barrel, and you lose $8 per barrel.\n\nThe same with futures. MAjor difference with forwards is that an exchange of assets is required. Contracts are pretty much standarized. The delivery, kind and quality of product, etc is all defined. Largest exchanges are made in the Chicago Board Trade. Futures include a los of prodcts... live cattle, sugar, coffee, gold, cooper, aluminium, etc.\n\nOptions are a little bit harder. There are 2 basic type of options: call options, giving the holder the right, option, to buy an asset at a certain date at a certain price. Put options, giving the holder the right, option, to sell an asset at a certain date at a certain price. For example, lets say i buy a call option to buy in 3 months stock of yahoo. The actual price is, just an example, $10 bucks, and my call option gives me the option to buy at $12. The price to buy that option for 1 share of yahoo is worth $1. If 3 months pass, and the price of the stock is $11, i certainly wont take my option to buy the stock and lose $1, the initial investment on the option. But if the real price is $15, im going to take my option, buy the stock at $12 and sell it at $15, earning $2. \nJust be careful cause there are american options and european options... european options can only be excersied at the end of the contract, ehile american options can be excercised whenever in the life of the option.
267714
I don't understand your question.\n\nwhat exactly do you mean by \n"It used to be an american could go across to Canada and get an extra fifty cents per American dollar."\n\nDo you mean an American used to get $1.50 Canadian Dollars for his United States of America Dollar?
187787
ING is offering 4.75% right now I believe.  ETrade is 4.40%.  Both are good rates.
73457
$12.38 today, but keep an eye on the rate\nhttp://uk.finance.yahoo.com/currency-converter/convert?amt=7&from=GBP&to=USD
593866
Try investopedia.com.  They have a great way of explaining the ways of the stockmarket.  They also have tutorials and an investing game thats allows u to virtually buy stock and sell American and Canadian stocks in real market conditions.  You are gived USD 100,000 to start off with and its upto u how u grow it.  This is a great learning process. And best of all, all of this is free on ivestopedia.com.  So why not give it a shot?!?!?
82872
It is wise for you to consider investing. Until very recently, TD Waterhouse and the other Canadian bank-arm brokerages were charging $20+ per trade. This is wayyyyyy too much.\n\nTD Waterhouse's purchase of Ameritrade Canada has resulted in new $14.99 trades with TD. It goes down to $9.99 if you make more than 150 trades per quarter.\n\nQuestrade and Trade Freedom are companies with lower commissions. They charge for data access and other things though. They are also younger smaller companies.\n\nDon't trade junior Canadian issues. Nothing less than $2. There is an army of Canadian pump and dumpers. The Canadian Venture Exchange is chock full of very suspect companies.\n\nPeople use Canada to distribute shares at the end of their growth. Krispy Kreme, Nortel, Bre-x. Tim Horton's smacks of distribution as well.\n\nThere ARE hundreds of excellent Canadian comapnies. Don't be scared to buy US as well. There are thousands of excellent US companies.
1058532
As of June 27, 2006:\n\n1 US Dollar = 116.377 Japanese Yen\n\n1 Canadian Dollar = 103.801 Japanese Yen\n\n1 Australian Dollar = 85.15902 Japanese Yen\n\n1 New Zealand Dollar = 70.53053 Japanese Yen\n\n(You didn't specify which dollar you meant, so i found exchange rates for four of the most common "dollars".)\n\n(In future, try the following website for your currency conversion needs.)
209912
Say you are going to price a currency forward dated one yr from now. Say the currency rate is 10% and the base currency rate (let it be US dollar)4%.\nThen you can either borrow money at 4% in dollars (and pay 1.04 at the end per each dollar), buy currency in the cash market , and invest it at 10%. You will have E0 x 1.1 units of the currency, where e0 is the spot exchange rate.\n\nThe forward price HAS TO BE Ef=e0 x 1.1/1.04. Otherwise, (say its more than that) you would be doing the described operation, then selling at Ef and getting a free lunch.\nThen price would adjust until there is no free lunch.
332952
$101.30 - $108.5 / L\nEdmonton, Alberta\n\n$383.46 - $410.72/ US gallon (in CDN dollars)\n$339 - $363/gallon (in US dollars)\n\n\n1 l = 0.264172051 US gallon\n1 Canadian dollar = 0.884486 U.S. dollars
48441
It is less.\n\n20.00 CAD        = 17.1842 USD\n20.00 USD = 23.2786 CAD\n\nCAD - Canada Dollars     \nUSD - United States Dollars  \n\n1 CAD = 0.859210 USD   \n1 USD = 1.16386 CAD
1155977
I do some day trading using TD Ameritrade Apex. They are VERY helpful and have very fast executions. You must have a lot of knowledge before day trading since it is risky and you can lose all your money within minutes. As of right now, I have the command center up and I am already down $41.00 today. It's been very volatile today, I had a gain of $20.00 this morning and I almost had a loss of $90 for a couple of seconds.
1050996
I'm asumming you are referring to purchasing stocks on different exchanges.  Sometimes there is a small spread difference, but arbritragers usually eliminate that very quickly.  Also, the fees may be slightly different.
753850
You say the value of each of the currencies have gone up.  Against what currency?\n\nThere are 8 major benchmark currencies: USD, EUR, JPY, GBP, CHF, CAD, AUD, HKD \n\nUsually when USD goes up CAD goes down. So if you expect to gain on this, you would want USD value to fall.\n\nAs for the other two currencies, my question is why would you want to hold these?
465201
No. You always have to pay a fee, unless you find a person yourself interested in exchanging the same amount of C$ to US$ as you want to change US$ to C$, for a rate that you can both agree on. It would be very unlikely that this would happen so just pay the fee and let brokers and dealers do all the work.