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Options, Futures and Other Derivatives book. Read 41 reviews from the world's largest community for readers. Again, John Hull has done a great job revisi... 10th-edition-hull-solutions-manual-2/ CHAPTER 2 Futures Markets and Central Counterparties Practice Questions Problem 2.1. Distinguish between the terms open interest and trading volume. The open interest of a futures contract at a particular time is the total number of long positions outstanding. (Equivalently, it is the total number of short positions outstanding.) The trading …

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