New answers tagged transaction-costs
Frankly, I'm surprised that the cost to roll is so low. Transaction costs can be minimized. If term is averaged, the annualized cost to roll could potentially be that low. If I had to guess, I'd say that prices are so efficient that the only way to make a market is to ensure a good spread between rolls. Then again, the USD is spiking due to the oil ...
Top 50 recent answers are included