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The key distinction: contracts vs premium | N18S

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The key distinction: contracts vs premium | N18S

The key distinction: contracts vs premium CAS can cause a much sharper fall in the number of contracts traded than in the total premium turnover. For example, on BSE on Thursday, if contracts traded fell roughly 50%, but premium turnover fell much less, the reason is simple: the average premium per contract was higher. That distinction matters ...

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