SPI 200 Futures Contracts

question 22

Multiple Choice

SPI 200 futures contracts:

• A) cease trading on the third Thursday of the contract month
• B) are settled on the third Thursday of the contract month
• C) may only be used by traders
• D) all of the above

---

Definitions:

Illegal

Activities or actions that are prohibited by law and subject to legal penalties, including fines and imprisonment.

Legal

Pertaining to laws or the system of rules that a particular country or community recognizes as regulating the actions of its members.

Cartel

An agreement among competing firms to control prices or exclude entry of a new competitor in a market, often to maximize overall profits.

Tacit Collusion

A situation where firms in the market indirectly coordinate actions by understanding common interests without explicit agreement, often leading to higher prices or less competition.