financial markets - 2500 words

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The assignment is about trading currencies. What we did exactly, all students were in two rooms. Some of the students were working as banks and some were as corporations. My group was working as a bank and we receive calls from other students who work as corporations and they ask for example for UDS currency in exchange for AUD currency. As a bank , we tell the how much we buy that currency and we call that “ the bid” , and we tell them how much we sell that currency and we call that “ the offer”. The rate was based on a live rate that’s shown on “Eikon” . so after the trading among banks and corporations. We ended up with the three report that I already attached. Because we decided on the market view “ the first part of the assignment “ that USD Currency would be appreciated over The AUD currency, we were required to sell more currencies and buy more UDS. However, the result was different than we expected and end up with the three reports. Please take a look on them before u start the assignment. Also to not that, we were three students, one of us was answering the telephone calls and the other one was writing down the notes for the deals we close and the third one was closing the transactions on the computer.