Front Running in Futures Market Involves

question 9

Multiple Choice

Front running in futures market involves:

• A) a floor broker who executes customer orders acting as a dealer in some other transactions on the same day
• B) trading based on an impending transaction by another person,for example,a floor trader buying on his own account in front of his customer's buy order
• C) taking a customer's order and placing it ahead of accumulated limit orders
• D) placing orders during the first few minutes of a trading day
• E) None of these answers are correct.

Understand the practices in safeguarding company assets and ensuring reliability in the accounting system.

Analyze financial data to determine financial health and uncover discrepancies.

Apply principles of bank reconciliation to adjust company and bank records accurately.

Utilize internal controls for cash handling and understand their impact on financial reporting.

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Definitions:

Pull Strategies

Marketing strategies aimed at creating demand among consumers first, encouraging them to actively seek out a product or brand, which in turn prompts retailers to stock it.

Push Strategies

Marketing strategies that involve "pushing" products towards consumers by ensuring visibility in distribution channels.

Tracking

Includes monitoring key indicators, such as daily or weekly sales volume, while the advertisement is running to shed light on any problems with the message or the medium.

Deceptive Practices

Unethical or fraudulent activities designed to deceive or mislead consumers, often for financial gain or competitive advantage.