Question
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)
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This means that you dealt at 1.48
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This means that you dealt at 1.53
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This means that you dealt at 1.505
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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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