The Largest Markets for Derivatives Based on Notional Outstandings Are

question 11

Multiple Choice

The largest markets for derivatives based on notional outstandings are

• A)Equity derivatives.
• B)Interest-rate derivatives.
• C)Commodity derivatives.
• D)Currency derivatives.

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Definitions:

Concurrent Conditions

In law, these are conditions that must occur or be performed at the same time by the parties to a contract.

Condition Subsequent

A condition in a contract that, if it occurs, could terminate the contract or change the parties' obligations going forward.

Satisfaction Of The Buyer

The fulfillment and acceptance of all specified requirements by the buyer in a transaction.

Subjective Standard

A criterion for judgment that varies based on individual perceptions, feelings, or opinions, rather than objective external factors.