NISM Series XIII Common Derivatives Certification Exam Notes
Page 146 Of 303
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Example of Speculation:A trader may buy EURINR futures if expecting EUR to appreciate against INR.
Arbitragers:Arbitragers exploit price differences between spot and derivative markets for risk-free profit.
Arbitrage Process:They lock in profit by executing opposite transactions in different markets.
Example of Arbitrage:Buying in cash market and selling futures if futures trade at a premium.
Risks for Arbitragers:
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