Exercise of a Currency Futures Option Results in

question 74

Multiple Choice

Exercise of a currency futures option results in

• A)a long futures position for the call buyer or put writer.
• B)a short futures position for the call buyer or put writer.
• C)a long futures position for the put buyer or call writer.
• D)a short futures position for the call buyer or put buyer.

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Definitions:

Binding Arbitration

A legal process in which a dispute is resolved by an arbitrator’s decision, which is final and enforceable by law, with no option for appeal.

Vertical Conflict

A type of conflict that occurs between different levels of the same channel, for example, disputes between a manufacturer and its wholesaler or retailer.

Foot Locker

A global retailer of athletic footwear and apparel, with stores in numerous countries, known for its wide selection of branded sports shoes, clothing, and accessories.

Nike Store

Retail outlets operated by Nike, Inc., offering a range of Nike branded footwear, apparel, and equipment.