1
Q
On what kind of venue do futures trade?
A
An exchange
2
Q
On what kind of venue do forwards trade?
A
OTC
3
Q
When can you exercise a European option?
A
Only on the expiry date
4
Q
When can you exercise an American option?
A
On any date up to and including the expiry date
5
Q
What is the calculation for the breakeven point?
A
Strike price - premium
6
Q
What is the tick value of STIR?
A
£12.50
7
Q
What is the tick size of STIR?
A
1 basis point
IMC Unit 2
flashcards
Decks in class (3)
# Cards
