For a futures contract trading in April,the open interest for a June contract,when compared to the open interest for Sept contract,is usually
A) Higher
B) Lower
C) The same
D) Equally likely to be higher or lower

Question

Quizplus · Accepted Answer

The contracts which are close to maturity tend to have the highest open interest.However,during the maturity month itself the open interest declines.

For a Futures Contract Trading in April,the Open Interest for a June