The Following Process Is the Only Type of Permissible Futures

question 4

Multiple Choice

The following process is the only type of permissible futures transaction that occurs off the floor of the exchange

• A) determination of the position day
• B) determination of the delivery day
• C) determination of a daily settlement price
• D) offsetting
• E) exchange for physicals

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Definitions:

Tracking

The placement of students in educational “tracks,” or programs of study (e.g., college prep, remedial), that determine the types of classes they take.

Tested

A process or procedure carried out to assess the quality, performance, or reliability of a product or concept.

Remedial

Intended to correct or improve one's skill in a specific field or subject, often used in the context of education to describe classes or activities designed to bring students up to the standard level of understanding.

Advanced

Highly developed or forward in progress, technology, methods, or thinking.