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Here is a number of broker swap quotes for a 1y swap in CZK Icap 1y 1.45/1.55 Tullet 1y 1.47/1.53 GFI 1y 1.50/1.52 Tradition 1y

Here is a number of broker swap quotes for a 1y swap in CZK

Icap 1y 1.45/1.55 Tullet 1y 1.47/1.53 GFI 1y 1.50/1.52

Tradition 1y 1.48/1.51

1) What is the Market Best Bid?

2) Which broker has the best bid/offer spread?

3) As a market maker which price would you rather make if you have interest to receive fix?

4. You show the client the following price 1.48/1.53 and he decides to receive fixed (Choose 1)

  1. This means that you dealt at 1.48

  2. This means that you dealt at 1.53

  3. This means that you dealt at 1.505

  4. It depends

5. If the client actually decided to pay fixed on your 1.48/1.53 price and you decide to cover this flow immediately, which broker would you rather trade with? (Choose 1)

a. Icap b. Tullet c. GFI d. Tradition

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