(引用 aspernet:重发 ...)只要经济继续恶化, USD就是这么牛!人民币就是这么牛! [aspernet (1-16 22:24, Long long ago)] [ 传统版 | sForum ][登录后回复]21楼

(引用 aspernet:用美金作RMB的proxy, 用奥币或欧元作SGD的proxy，杠杆用1:1, 可行吗？)typical fx account leverage 50-400i didn't do this, but i think it's a viable solution.

here is the theory, for example, one 10K account, assume maxium loss 10% (i.e. SGD appreciated 10%), leverage 50, good for a 100K notional hedge
when open, 2k margin used
if sgd appreciate 8%, 10k margin used. (need pop up money to account, since you are hedging you should 'make money' in u sgd assets')
if sgd depreciate 8%, e.g., you account will value 10K + 8k unrealized = 18k. 8k is the hedging gain.

so be careful on your notional hedge amount and margin level.

and counterparty risk need attention as well.


btw, i personally feel rmb/usd rate will be much more stable than Aus/SGD or EUR/SGD. if you short AUS long USD to hedge your SGD, it's cross-hedging which abviously introduces more uncertainties.
cross-hedge when 1) direct hedge not possible, or 2) you try to make extra profit (other than hedge)

[box (1-17 1:34, Long long ago)] [ 传统版 | sForum ][登录后回复]22楼