Examlex
Which of the following statements is true?
CME
Stands for Chicago Mercantile Exchange, a major global financial derivatives exchange where various commodities, financial products, and currencies are traded.
S&P 500 Index Futures
Financial contracts that speculate on the future value of the S&P 500 index, allowing investors to bet on the stock market's direction without holding the underlying stocks.
Futures Price
The agreed-upon price for the future purchase or sale of an asset in a futures contract.
Profit
The financial gain made in a transaction or operation, calculated as total revenue minus total expenses.
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