Instructions: Identify the Following

question 33

Essay

Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Red River War

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Definitions:

Open Interest

the total number of outstanding derivative contracts, like futures or options, that have not been settled.

Futures

Legal agreements that compel the purchaser to buy, or the seller to dispose of, an asset at an agreed price and date in the future.

Pounds

The currency unit of the United Kingdom, also known as the British pound sterling, used as a medium of exchange.