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

A market maker in the futures markets suspects that better informed traders are currently accepting the market maker’s ask quotes (i.e., the price quotes at which the market maker is willing to sell or go short). What should the market maker do?