Terminology/sizes Flashcards
Get better at quick fire terminology
1
Q
What number is LME divisible by to give COMEX Copper?
A
22.04623
2
Q
If further dates copper prices are higher than near dated, what is the market ‘in’?
A
Contango
3
Q
If nearby copper prices are higher than far dated, the market is in…?
A
Backwardation
4
Q
What does Voltrex describe Naked options?
A
Live
5
Q
How do Voltrex Describe a contango?
A
Neg
6
Q
What is 1 pip in $/Yen?
A
0.01
7
Q
What is 1 pip in Eur/$?
A
0.0001
8
Q
What is 1 Big Figure in $/Yen?
A
1.00 (e.g. 94.5 to 95.5)
9
Q
What is 1 Big Figure in Eur/$?
A
0.01 (e.g. 1.3450 to 1.3550)
10
Q
What do Marex FX describe a Reversal as?
A
A loop
11
Q
What do you call the relationship between Different options strikes vol?
A
Skew
