NO.PZ202106160100000102
问题如下:
Using Exhibit 1, which of the following would be the best reason for the revised
USD/GBP dealer quote of 1.2299/1.2307?
选项:
A.A request for a much larger transaction
A drop in volatility in the USD/GBP market
A request to trade when both New York and London trading centers are
open
解释:
A is correct.
Posted quotes are typically for transactions in 1 million units of the base currency. Larger transactions may be harder for the dealer to sell in the interbank market and would likely require the dealer to quote a wider spread (lower bid price and higher offer price).
考点: Factors that affect the bid-offer spread
解析:注意到,USD/GBP的报价由 1.2301/1.2305 变成了1.2299/1.2307,说明Spread变大了。
Spread变大说明交易量很大,因为在外汇市场上较大的交易量会抽干市场的流动性。所以做市商的买卖价差随之变大。所以A选项的说法正确。
B选项和C选项,无论是市场波动的降低还是伦敦纽约两个市场同时开放,这两个因素都会导致Spread变小而不是变大,所以B和C的说法都不正确。
从1.2299-1.2387
变成1.2301-1.2305
这不就是SPREAD变小了吗
为什么答案说变大;额