Speculators in Futures Contracts That Normally Close Out Their Futures

question 15

Multiple Choice

Speculators in futures contracts that normally close out their futures positions on the same day that the positions were initiated are referred to as

• A)day traders.
• B)hedgers.
• C)closed-end traders.
• D)position traders.

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Definitions:

Additional Compensation

Extra payment or remuneration provided to an employee or contractor beyond their basic salary or fees, often for achieving specific targets or for extra duties.

Small Partnerships

Business arrangements involving a limited number of partners collaborating in a venture, typically characterized by less regulatory requirements and personal liability.

Unanimous Partners' Agreement

A legal agreement among all partners in a business, requiring complete agreement on any decision or action.

Large Contracts

Agreements, typically involving substantial financial values or significant responsibilities, used in major transactions or projects.