Which of the following is the most actively traded U.S. futures contract?

Which of the following is the most actively traded U.S. futures contract?

a. S&P 500 Index
b. crude oil
c. Treasury bonds
d. Wheat
e. none of the above





Answer: E

Which of the following is not a type of futures trader?

Which of the following is not a type of futures trader?

a. scalpers
b. arbitrageurs
c. profit-takers
d. hedgers
e. day traders




Answer: C

Options on futures have been trading since

Options on futures have been trading since

a. 1973
b. 1982
c. 1966
d. 1936
e. none of the above 1983

Answer: E

Which is the most active group of futures?

Which is the most active group of futures?

a. energy
b. agriculture
c. currency
d. financials
e. none of the above





Answer: D

One of the advantages of forward markets is

One of the advantages of forward markets is

a. performance is guaranteed by the G-30
b. trading is conducted in the evening over computers
c. the contracts are private and customized
d. trading is less costly and governed by more rules
e. none of the above

Answer: C

A futures contract covers 5000 pounds with a minimum price change of $0.01 is sold for $31.60 per pound. If the initial margin is $2,525 and the maintenance margin is $1,000, at what price would there be a margin call?

A futures contract covers 5000 pounds with a minimum price change of $0.01 is sold for $31.60 per pound. If the initial margin is $2,525 and the maintenance margin is $1,000, at what price would there be a margin call?

a. 31.91
b. 32.11
c. 31.29
d. 31.09
e. 31.80




Answer: A