Multiple Choice
The price of a futures contract is determined by:
A) Supply and demand conditions.
B) Open outcry of bids and offers in an auction market.
C) The pit trader.
D) Locals.
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q15: At the end of each trading day,
Q16: The futures price is:<br>A) The price paid
Q17: A daily price limit sets the minimum
Q18: A futures contract is a firm legal
Q19: Discuss the principles of hedging and explain
Q20: The major function of futures markets is
Q21: The difference between the cash price and
Q23: The seller of a futures contract will
Q24: Investors can use the cash or futures
Q25: The role of the clearinghouse is to:<br>A)