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Explain the impact of the following transactions on open interest: A. Two people trade a futures contract, where neither previously had a position. B. Two

Explain the impact of the following transactions on open interest: A. Two people trade a futures contract, where neither previously had a position. B. Two people trade a futures contract, where both parties formerly had been long. That is, the short position in this trade formerly had been long one contract, while the other party in this trade formerly had also been long one contract.

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