An Investor Who Wants a Long Position in a ____

question 101

Multiple Choice

An investor who wants a long position in a ____ must first place the order with a broker, who then passes it on to the trading pit or electronic network. Details of the order are then passed on to the exchange clearinghouse.

• A) call option
• B) put option
• C) forward contract
• D) futures contract
• E) All of these are correct.

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