n NISM Certifications
XIII NISM Series XIII
Medium

Which statement is true about 'Open Interest' in futures markets?

Practice question from NISM Series XIII for SIF - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    It is the total number of contracts traded during a day

  2. It is the total number of contracts held by traders at a specific point

    Correct answer

  3. C

    It is the total number of contracts settled on a given day

  4. D

    It is the number of contracts that are expired

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

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