A newspaper shows the following prices for the previous days trading in the U.S. dollar-euro currency futures:
Question:
Month December
Open: ............... 0.9124
Settlement: ............. 0.9136
Change: ............... +0.0027
High: ................ 0.9147
Low: ............... 0.9098
Estimated volume: ......... 29,763
Open interest: ........... 111,360
Contract size: ........... €125,000
What do the above terms indicate?
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This data reports that 29763 contracts each contract being for 125000 were traded ...View the full answer
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Related Book For 
Multinational Business Finance
ISBN: 978-0132743464
13th edition
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
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