The ASX Futures Market

question 56

Multiple Choice

The ASX futures market:

• A)now only trades financial futures contracts
• B)is used by wholesale but not retail traders
• C)facilitates futures trading without brokers through an online trading system
• D)was previously known as the Sydney Futures Exchange.
• E)All of these are correct.

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Definitions:

Fraction

A mathematical expression representing a part of a whole, displayed as a numerator over a denominator.

Percentage

A numerical value representing a part of 100, signaled by a fraction or ratio.

Subtract

To take away a number or amount from another, leaving a difference.

Least Common Denominator

The smallest common multiple of the denominators of two or more fractions, used in addition and subtraction of fractions.