Which of the following statements explains a characteristic of futures pricelimits? Price limits:
A: help the clearinghouse manage its credit exposure.
B: can typically be expanded intra-day by willing traders.
C: establish a band around the final trade of the previous day.
A: help the clearinghouse manage its credit exposure.
B: can typically be expanded intra-day by willing traders.
C: establish a band around the final trade of the previous day.
举一反三
- Which of the following statements regarding a futures trade of a deliverable contract is FALSE() A: The long is obligated to purchase the asset. B: The short is obligated to deliver the asset. C: Equilibrium futures price is known only at the end of the trading day.
- Which of the following would be recorded in the sales day book? A: Discounts allowed B: Sales invoices C: Credit notes received D: Trade discounts
- Which of the following statements about Thanksgiving Day are right?
- Which of the following statements about the futures market is most accurate() A: Speculators trade to reduce some preexisting risk exposure. B: If a trader’s account falls below the maintenance margin level they have three days to bring it back up to the maintenance margin level. C: Open interest is the number of futures contracts for which delivery is currently obligated.
- The price seems to _____________ (波动）from day to day.