Program Trading

question 16

Multiple Choice

Program trading:

• A) is a computerised method of arbitrage between physical, futures and options markets.
• B) has been criticised for contributing to the October 1987 stock market crash.
• C) ensures SPI futures are priced correctly.
• D) all of the above.

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Definitions:

Crystallized Intelligence

The ability to use skills, knowledge, and experience; it tends to increase with age, reflecting accumulated learning.

Fluid Intelligence

The capacity to think logically and solve problems in novel situations, independent of acquired knowledge.

Lifespan

The maximum length of time that a living being, especially a human, can expect to live; it's often considered in terms of quality of life and extension through healthcare advancements.

Flynn Effect

The observed substantial and long-term increase in intelligence test scores measured over time in many parts of the world.