QBE 0.36% $16.61 qbe insurance group limited

news on qbe?, page-186

  1. 145 Posts.
    I must admit I'm a bit simple Thor?

    "opening every one cent movement = $100"

    To me this would imply an exposure of 10,000 shares (or leverage to control thereof) - and in the absence of tight stops could easily lose one several thousand (and equally gain...?)

    I'm sure there's a logical rationale - wouldn't be the first thing I couldn't follow at first attempt!

    Cheers
 
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