[Lynet]

Sorry about the broken pen

[Lynet]

Angella, Sascha, James Chabata- have you received your certificates yet, if yes please state your country of residence

[Lynet]

Hello everyone, has anyone received their membership certificate after the 12 Maarch council meeting.if yes, please kindly state your country of residence.

Thanks

[Lynet]

Yes, u can’t apply for membership without completing the PER requirement.

secondly, yes you will have to pay the yearly subscription fee as an affiliate and if 3 years pass before you become a member you will be paying the amount equal to the one paid by members even if you will be called an Affiliate.hope you find this helpful

[Lynet]

I passed with 64. it was a wonderful surprise because i thought had failed the paper, Section A got me confused and panicky. I thank God and thanks to opentuition too. I am now an affiliate

[Lynet]

Hi a call option is the right to buy an underlying currency (determine the underlying currency from the ‘currency of the contract’ and a put option is the right to sell the underlying currency, to determine whether to exercise or lapse for a call option eg option price $1.50, spot $1.5285, u buy the low number, thus exercise coz u benefit if u buy at the lower price of $1.50 than @ $1.5285. For put u sell the big number ( so u sell or exercise if the option price is higher than the spot rate, coz u get more money if u sell at the higher price

Hope that helps

[Author]

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