the traded volume

the historical volatility of the price of the underlying commodity

the style (European or American) of the option

the implied volatility of the price of the underlying

You must be prepared to deal EUR 50,000,000.00.

You may quote without stating the amount you are prepared to deal.

You are only committed to deal in a marketable amount.

You must be prepared to deal for more than EUR 50,000,000.00 in case Bank XYZ wishes to.

should be assumed to have zero duration

should be treated like other instantly variable rate liabilities, such as overnight money market borrowing.

should be assumed to have a low correlation with money market reference rates

represent a minor contributor to interest rate risk and can safely be disregarded

27th August

30th August

31st August

1 September

The right to buy or sell a commodity at a fixed price

The right to buy a commodity at a fixed price

The right but not the obligation to buy or sell a commodity at a fixed price

The right but not the obligation to buy a commodity at a fixed price

EUR 10,000,500.00

EUR 10,000,486.11

EUR 11,260,563.00

EUR 11,260,547.36

4.19%

4.25%

4.30%

4.31%

the trader acquires additional exposure in the hedged item.

the hedging instrument is sold, terminated or exercised.

the hedged item is sold or settled.

a hedge fails the effectiveness test.

at least 995/1000 pure gold; weight between 350 and 430 fine ounces

minimum 999.9/1000 pure gold; weight between 350 and 430 fine ounces

at least 995/1000 pure gold; weight of 400 fine ounces

minimum 995/1000 pure gold; weight of 400 fine ounces

you would take as bid rate the bid side of the 2-month forward and as offered rate the offered side of the 1-month forward

you would take as bid rate the offered side of the 2-month forward and as offered rate the bid side of the 1-month forward

you would take as bid rate the offered side of the 1-month forward and as offered rate the offered side of the 2-month forward

you would take as bid rate the bid side of the 1-month forward and as offered rate the bid side of the 2-month forward

the average maturity of liabilities on a balance sheet

the difference between the duration of assets and liabilities

the difference between the duration of the longest-held and shortest-held liabilities on the balance sheet

the average maturity of the portfolio on the asset side of a balance sheet

Investors have less appetite for longer-term investments

Borrowers prefer to borrow long-term but lenders prefer to lend short-term

Different types of institution tend to specialize in different maturity ranges

The risk premium becomes significant only at longer maturities

Brokers should only show the names of banks to counterparties who have prime credit ratings.

Brokers should only show the names of banks to counterparties who provide good liquidity to the brokered market.

Brokers should only show the names of banks to counterparties whom they know well.

Brokers should only show the names of bank counterparties if both sides display a serious intention to transact

Proprietary traders

Market-makers

Matched principals

Agents

within 2 hours after deal agreed with counterparty

before the value date of the trade

by the end of the trade date

within 24 hours