A/An _______ Position Is When an FX Dealer Enters into a Forward

question 19

Multiple Choice

A/An _______ position is when an FX dealer enters into a forward contract to sell FX that is not held at that time.

• A) arbitrage
• B) long
• C) short
• D) dirty

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Definitions:

Bowman's Capsule

A cup-like sac at the beginning of the tubular component of a nephron in the kidney, which encases the glomerulus and is involved in the filtration of blood.

Ammonia

A colorless gas with a penetrating odor, NH3, which is a byproduct of nitrogenous waste in organisms and used in various industrial processes.

Urea

Nitrogen-containing waste compound derived from ammonia; water is required to excrete it.

Malpighian Tubes

The excretory system of certain arthropods, like insects and spiders, used for removing wastes and maintaining osmotic balance.