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Bpp revision kit Page 46 question no 32 Nutourne
per my understanding it should be buying futures but in answer it is selling future. please help in understanding this.
Bpp revision kit Page 45 question no 31 Adverane
This question is also of a receipt but here I can relate to that on a receipt it is buying futures.I think I am missing a concept maybe. Please help. Thanks
In Nutourne, the transaction involves receiving CHF and they will be selling CHF to buy $’s.
The futures are quoted as CHF contracts and so just as the transaction is selling CHF, so too will they sell CHF futures.In Adverse, the transaction is receiving $’s and therefore they will be selling $’s and buying CHF. The futures are quoted as CHF contracts and so just as the transaction is buying CHF, so too will they buy CHF futures.
Have you watched my free lectures on foreign exchange risk management?
Thanks for the help.
I have seen the video but I think I am missing on this bit.
I will have a go on the lectures again.Thanks for your help, your lectures are really helpful.
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