A trader enters into a long position in one Eurodollar futures contract. How much does the trader gain when the futures price quote increases by 6 basis points?
A) $6
B) $150?C. $60
C) $60
D) $600

Question

A trader enters into a long position in one Eurodollar futures contract. How much does the trader gain when the futures price quote increases by 6 basis points?
A) $6
B) $150?C.	$60
C) $60
D) $600

Quizplus · Accepted Answer

The Answer of A trader enters into a long position in one Eurodollar futures contract. How much does the trader gain when the futures price quote increases by 6 basis points?
A) $6
B) $150?C.	$60
C) $60
D) $600

A Trader Enters into a Long Position in One Eurodollar