n NISM Certifications
NSM General NISM
Medium

A trading member buys 80 lots of USDINR at 74.50 and sells 90 lots the same day at 74.60. Settlement price is 74.30. What is MTM on open positions?

Practice question from NISM Series I - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. +3000

    Correct answer

  2. B

    +6000

  3. C

    -3000

  4. D

    -6000

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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