Question
On December 21, 2011, a financial operator observes the following 3 month Euribor Futures Quotes: Maturity Future's price March 2012 98.910 June 2012 99.020 He
On December 21, 2011, a financial operator observes the following 3 month Euribor Futures Quotes:
| Maturity | Future's price |
| March 2012 | 98.910 |
| June 2012 | 99.020 |
He decided to simultaneosly buy 10 march 2012 contracts and sell 10 June 2012 contracts. He plans to liquidate his position before the end of February 2012.
What is the strategy of the operator? Explain
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
3rd Edition
0324274319, 9780324274318
