The Most Recent Rolling Quarterly Average from November, December, January

question 29

Multiple Choice

The most recent rolling quarterly average from November, December, January, March, and April is calculated with which months?

• A) December, January, and March
• B) January, February, and March
• C) February, March, and April
• D) November, December, and January

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Definitions:

Foreign Exchange Market

A global decentralized or over-the-counter market for trading currencies, determining the foreign exchange rates for every currency.

Triangle Arbitrage

A riskless profit strategy that takes advantage of discrepancies between three foreign currencies in the forex market.

Spot Market

A market where financial instruments or commodities are traded for immediate delivery, as opposed to future or forward delivery.

Forward Market

A market in which participants agree to trade a financial instrument or physical commodity for future delivery at a specified price.