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Methodologies / fx-swap-points

FX Swap Points

Near/far outright rates to swap points and implied differential.

v1.0fx-swap-points

Formula

swap_points = (far − near) × points_factor

Assumptions

  • Near and far are consistent outright rates for the same pair.

Limitations

  • Cash-flow signs depend on trade direction not captured in Phase 1 inputs.

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