Chapter 5
Futures exchange
Prehedge
Spread
Mini contracts
Unpredictable weather
The "cloud"
Overnight electronic trading
True
False
True
False
Equity run
Monthly statement
Report card
Position report
To be a permanent, centralized record of all priced long/short transactions
To help you in tracking current and future market movement
To keep your price-risk position "up to the minute"
To serve as a cross-check to the daily position report, calculated the "standard" way
Get rich by any means necessary
To shield his/her business from losses due to price risk
To increase his/her profit margins by capitalizing on favorable basis movements
Buy high, sell low
Delayed price (DP) inventory
HTA contracts
Grain with storage obligations against it
All of the above
None of the above
Wait!
Here's an interesting quiz for you.