Your broker calls you and informs you that a troy ounce of gold is trading in London for $1,410 per ounce and in New York at $1,408 per ounce. What is the arbitrage strategy?

In the futures market, a market order to buy is…

What is the most important economic contribution of speculators in a futures market? Trading by speculators…

What realistic incentives does your registered futures broker have to make sure that you, as a client, do not default on your side of the futures contract?

What is your maximum loss on a short futures position?

What percent of futures contracts result in either physical delivery of the commodity or cash settlement at expiration, equivalently, what percent of futures contracts are held to expiration?

A futures or forward contract defines terms for…

Which of the following is NOT one of the basic things that a futures contract must specify?

An important difference between a futures contract and a forward contract is that… More than one answer may be correct. For full credit, you must correctly identify all of the correct answers.

Paleolithic Venus figures