3 ms·
So why should the 4-month future rate (30 percent) determine the spot more strongly than the 1-month rate (20 percent)? When the latter has 100x the volume?
by vanusa 5y ago
So why should the 4-month future rate (30 percent) determine the spot more strongly than the 1-month rate (20 percent)? When the latter has 100x the volume?