Respuesta :

A euro-dollar futures price changes from 96.76 to 96.82. $300 is the loss to a trader is long two contracts.

A trader is a person, business, or entity involved in finance who acts as an agent, hedger, arbitrageur, or speculator when buying and selling financial products like forex, cryptocurrencies, stocks, bonds, commodities, derivatives, and mutual funds. Trading takes place on the stock exchanges, derivatives exchanges, and commodities exchanges, which are the three venues where financial items are bought and sold. In finance, there are numerous titles and classifications for various types of traders. An exchange or market where different commodities are traded is referred to as a commodities exchange. The majority of global commodities markets deal in agricultural goods and other basic materials (like wheat, barley, sugar, maize, cotton, cocoa, coffee, milk products, pork bellies, oil, and metals). Trading covers spot trades as well as numerous derivatives contracts based on these commodities, including forwards, futures, and options (for immediate delivery). A futures contract guarantees that the commodity will be delivered in the specified quantity and quality at the specified later date.

To know more about trader please refer: https://brainly.com/question/18842475

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