An Investment in a CFD Contract Finishes When

question 39

Multiple Choice

An investment in a CFD contract finishes when:

• A)the contract expires
• B)the contract is sold in the secondary market
• C)the trader closes-out the position with a reversing trade
• D)90 days after issue.
• E)None of these.

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Definitions:

Spendable

Refers to the amount of money that is available for use, not tied up in investments or savings.

Nonspendable

Refers to a fund balance category in governmental accounting, indicating funds that cannot be spent because they are not in spendable form or are legally or contractually required to be maintained intact.

Restricted

Pertains to assets or securities that are not fully transferable until certain conditions, often regulatory, are met.

Assigned

The allocation or designation of resources, responsibilities, or tasks to a specific account, project, or individual.