Very Emergent help needed make a market?!
Hi
There is one question that always puzzles me
What would you say if you are asked to make a market with underlying asset of escalator steps?
what does this question mean exactly?
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How much do you think a step is worth is the underlying question.
Basically, you need to figure out how much you expect a step to be worth when it gets to the end. I would need more information.
This seems like a weird question since the steps flow on an even rate to a known destination... not sure how the value would ever change by any unknown measure...
Service interruptions could be a function (or at least correlated) with how old each step is and the length of continuous operation of the escalator. Also, maybe whether its inside or out. I dunno I'm just brainstorming here.
Could demand for the steps vary based on time of day?
I'm not sure I understand the question exactly - is it one escalator, or the escalator step market in general?
is this serious?
Wouldn't the question come when you can see an escalator? The market you'd be making is just the number of stairs on it, correct?
Something like 25 at 30.
Do you mean urgent?
Given the rest of the title and his post, I think he meant Emergent.
thanks thanks guys the answer my frd gave is somehting like 21 22 basically the steps of the stairs
so even a similar question
how do u make a mkt for telephone numbers so it would be like 7 or 8 then?
why is 21 or 22 the answer?
21 or 22 seem incredibly random, I see nothing in the question to justify that
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