The association-causation fallacy is the error of assuming that what is true for one member of a group must be true for the group.

The settlement price generally is…

What does a total return index include that a capital appreciation index does not?

By 1973, the International Organization for Standardization (ISO) established the three-letter codes for currencies that we use today. What is the currency code for the Brazilian Real?

Suppose that the futures contract has a range of possible delivery dates in the delivery month. For example, potential delivery dates for the corn futures contracts traded at the CME group can be any business day prior to the 15th of the delivery month. For this type of contract, who determines the specific day when delivery will take place?

The first delivery day for a futures contract is…

Why is marking a futures account to market an effective procedure for reducing the risk that the futures trader will default?

How does the clearinghouse at a futures market minimize its own counterparty risk? This question may have more than one correct answer. You must select all that are correct in order to earn full credit.

What is your maximum loss on a long futures position?

An over-the-counter market is a market in which…