If a Trader Holding a Long Position in Oil Futures

question 36

Multiple Choice

If a trader holding a long position in oil futures fails to meet the obligations of a futures contract, the party that is hurt by the failure is

• A)the offsetting short trader.
• B)the oil producer.
• C)the clearinghouse.
• D)the broker.

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Definitions:

Unwanted Emotions

Feelings or emotional responses that are considered undesirable or inappropriate in certain contexts or situations.

Disorders

A range of mental, physical, or psychological conditions that disrupt normal functioning.

Libido

The energy of the sexual drive as a component of the life instinct.

Subconscious

A part of the mind not fully aware but influences one's actions and feelings.