Sir I m getting bit confused can u please make it clear that am I right that only in intrest rate futures we divide by 3 while calculating number of contract and at other places as well but in currency futures its normal we don’t divide. One thing more can u please explain me what is conventional investment decision. Thanks
It is only when dealing with interest rate futures and options (because the profits/losses are calculated on the basis of them being 3 month futures).
“conventional investment decision” is not a special term. Conventional means normal, but since it is not a special term, it really depends on the context in which the expression is being used.