if bank X is quoting “A$1.5838/€ bid and A$1.1682/€ ask” and bank Y is quoting “A$1.1684/€ and A$1.1690/€ ask”. If you buy € 2 Million from X simultaneously sell € 2 Million to Y. Calculate arbitrage profit Read answer

if bank X is quoting “A$1.5838/€ bid and A$1.1682/€ ask” and bank Y is quoting “A$1.1684/€ and A$1.1690/€ ask”. If you buy € 2 Million from X simultaneously sell € 2 Million to Y. Calculate arbitrage profit
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