A trader holding a long position in a forward contract at $1.2701 has seen his position going up in value by $43.75, If
Posted: Sat Nov 27, 2021 5:36 pm
A trader holding a long position in a forward contract at
$1.2701 has seen his position going up in value by $43.75, If the
minimum tick of the forward contract is 0.0001 and the tick value
is $6.25, what is the current spot price of the trader’s forward
contract?
1.2694
1.2708
1.2697
1.2711
$1.2701 has seen his position going up in value by $43.75, If the
minimum tick of the forward contract is 0.0001 and the tick value
is $6.25, what is the current spot price of the trader’s forward
contract?
1.2694
1.2708
1.2697
1.2711