Comments on: CARRY TRADE QUESTION?? http://www.maxprofitsinvest.com/2010/06/24/carry-trade-question/ How to Invest Money to Make Maximum Profits Wed, 22 Feb 2012 23:57:47 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Frank Castle http://www.maxprofitsinvest.com/2010/06/24/carry-trade-question/#comment-18395 Frank Castle Thu, 24 Jun 2010 15:44:38 +0000 http://www.maxprofitsinvest.com/2010/06/24/carry-trade-question/#comment-18395 Yes. (If you speak japanese) Yes. (If you speak japanese)

]]> By: traderbobhn http://www.maxprofitsinvest.com/2010/06/24/carry-trade-question/#comment-18394 traderbobhn Thu, 24 Jun 2010 15:03:22 +0000 http://www.maxprofitsinvest.com/2010/06/24/carry-trade-question/#comment-18394 Depends if your broker has a multicurrency account system. For example, with the large brokers for professional traders (InteractiveBrokers, Tradestation, etc) you can name what base currency you want to use. For a carry trade you would name your base currency as the Yen, and then short a japanese stock and hedge it with a long synthetic stock and use the cash to buy, through the same broker, a higher paying fix income security in another currency (dont think the Icelandic Kroner is available through these. Or you should just be able to buy the bond in question on margin paying yen interest rate. Again within the same broker. Unless you can just go to a japanese bank and borrow to do this, this is the one way I though that it could be done. I know many small japanese investors are doing it. Their is an article in this week's The Economist about it. Depends if your broker has a multicurrency account system. For example, with the large brokers for professional traders (InteractiveBrokers, Tradestation, etc) you can name what base currency you want to use. For a carry trade you would name your base currency as the Yen, and then short a japanese stock and hedge it with a long synthetic stock and use the cash to buy, through the same broker, a higher paying fix income security in another currency (dont think the Icelandic Kroner is available through these. Or you should just be able to buy the bond in question on margin paying yen interest rate. Again within the same broker.

Unless you can just go to a japanese bank and borrow to do this, this is the one way I though that it could be done. I know many small japanese investors are doing it. Their is an article in this week’s The Economist about it.

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