Multiple Choice
Futures contracts are marked to market, which means that
A) the gains or losses are cash settled at the end of each day
B) each contract is marked with an X when they are bought or sold
C) all contracts are sent to the Clearing Corporation where they are settled
D) all contracts have an official serial number issued by the Clearing Corporation
Correct Answer:

Verified
Correct Answer:
Verified
Q5: In some respects, speculators sell<br>A) time value<br>B)
Q6: Hedgers in the futures market<br>A) often seek
Q7: Someone who routinely maintains a futures position
Q8: The money a futures buyer puts down
Q9: The difference between a futures price and
Q11: The three main paradigms in futures pricing
Q12: Futures trades occur in an area called
Q13: A major function of the clearing process
Q14: The primary economic purpose of the futures
Q15: A futures contract represents a promise of