Definition:In the world of finance, a give-up trade refers to a situation where one brokerage firm (known as the executing broker) executes a trade on behalf of another brokerage firm’s client (known as the introducing broker’s client). This practice allows introducing brokers to offer thei...
Explain how arbitrage causes futures and spot prices to converge. Why does the spot price and the futures price converge when approaching the delivery month of a futures contract? Describe the general characteristics of a futures contract. How...
1. In your workplace, give a good example of a direct cost and An indirect cost? provide an explanation of why your example fits the definition. 2. Does a. What is a direct cost? b. What is an indirect cost? c. Can...