the size of a EURIBOR STIR futures contract is €1 million. Therefore the profit or loss on one contract arising from a move ment of only one basis point in interest rates (which is equivalent to a 0.01 change in the futures price) would be: [...]
the size of a EURIBOR STIR futures contract is €1 million. Therefore the profit or loss on one contract arising from a move ment of only one basis point in interest rates (which is equivalent to a 0.01 change in the futures price) would be: [...]
the size of a EURIBOR STIR futures contract is €1 million. Therefore the profit or loss on one contract arising from a move ment of only one basis point in interest rates (which is equivalent to a 0.01 change in the futures price) would be: [...]
Answer
€1,000,000 x 0.0001 x 1/4 = €25
If you want to change selection, open original toplevel document below and click on "Move attachment"
Parent (intermediate) annotation
Open it n>the size of a EURIBOR STIR futures contract is €1 million. Therefore the profit or loss on one contract arising from a move ment of only one basis point in interest rates (which is equivalent to a 0.01 change in the futures price) would be: <span>€1,000,000 x 0.0001 x 1/4 = €25<span><body><html>