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  1. Sabit Rahimov

    Nov 2013 FRM Level 1 feedback

    q.66- agree with market order Q 75 - Chapter 2 (J.Hull)
  2. Sabit Rahimov

    Nov 2013 FRM Level 1 feedback

    Hi Q75 - link to http://www.cmegroup.com/rulebook/CBOT/I/7/7.pdf (provision 713).
  3. Sabit Rahimov

    Nov 2013 FRM Level 1 feedback

    There was also a question regarding the operational risk, specifically asking in which way it is possible to increase the volume of data on operational risk. I have marked the final answers which states "by acquiring data from data vendors and then by making the scale adjusting" I don't really...
  4. Sabit Rahimov

    Nov 2013 FRM Level 1 feedback

    Hi, In most part, I agree with you. But with answers to the questions below, I disagree: Q24 - It is definitely - Sharpe Ratio Q75 - Clearing House define to whom to deliver. Where to deliver is prescribed for each futures contract (there might be a number of delivery location options) and the...
  5. Sabit Rahimov

    Nov 2013 FRM Level 1 feedback

    I'm not really remember this question. could you please tell me what was the issue in this questions and which options were in respect of answers. Many thanks!
  6. Sabit Rahimov

    Nov 2013 FRM Level 1 feedback

    Hi, in regard to Q75 I'm definitely agree with you. I marked "to whom to deliver the commodity". Delivery location options even for each commodity is defined by the Exchange beforehand and includes provisions on this issue. Short position chooses where to deliver and depending on the locations...
  7. Sabit Rahimov

    Nov 2013 FRM Level 1 feedback

    I just looked to the straight lines and logically marked the answers. As known, Var(basis) is inversely related with correlation. As correlation increases , variance of basis of hedged asset price and futures price decreases. In short, variance of basis become close to zero, when spot price of...
  8. Sabit Rahimov

    Nov 2013 FRM Level 1 feedback

    Hi, is there was only one straight line in the graphs?
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