medium · Market Microstructure mmf-core

A trader holds 1,000 E-mini S&P 500 futures contracts ($50/point) expiring in September. They roll the position to December using a calendar spread quoted at -15.00 points (September - December).

If the execution cost of the spread is 0.50 points, what is the total cost of the roll in dollars?

  1. $750,000
  2. $775,000
  3. $25,000
  4. $12,500

Sign up free to see the explanation and track your rank →

More Market Microstructure mmf-core practice

KomFi: Test Prep Made Easy

KomFi: Test Prep Made Easy — free adaptive practice for GMAT, GRE, SAT, ACT, National Real Estate Exam, Investment Banking, and finance with full explanations.

KomFi Academy is free GMAT prep and personalized GMAT help built as a training platform: 92,240+ practice questions, 30,500+ flashcards, on-demand video lectures, podcasts, and 4K slide decks. Flagship tracks: Free GMAT Prep, Free GMAT Resources, National Real Estate Exam Prep, Investment Banking Prep, Finance Prep, GRE, SAT, ACT, LSAT, MCAT, Financial Accounting, Private Equity, Private Credit, and Quantitative Finance.

Free GMAT Prep & Personalized GMAT Help

What's inside

Topics

View pricing · Read testimonials