西交《金融期货》在线作业（West Bank Financial Futures online homework）.doc

西交《金融期货》在线作业（West Bank Financial Futures online homework） West Bank Financial Futures online homework Total score: 100 test time: - Radio examination A multiple-choice question Radio examination questions (40 questions, 80 points) 1. in futures trading, the purpose of the hedging is (). A. obtains or delivers certain quantities of a product at a future date B. avoids futures market price risk through futures trading C. obtains risk profits from futures prices through futures trading D. takes advantage of the difference in futures contracts for different delivery months Full marks: 2 2. the following interest rate futures are (). A. single stock futures B. bond futures C. stock futures D. stock index futures Full marks: 2 3., the lead in the introduction of foreign exchange futures transactions, indicating that the formal exchange of foreign exchange futures is (). A. New York Stock Exchange B. Chicago futures exchange C. international money market D. Kansas agricultural exchange Full marks: 2 4., buy crude oil futures, while selling gasoline futures and fuel oil futures, which belong to (). A. bull arbitrage B. butterfly arbitrage Arbitrage between C. related commodities D. arbitrage between raw materials and finished products Full marks: 2 5., the first breed of financial futures is (). A. interest rate futures B. foreign exchange futures C. bond futures D. single stock futures Full marks: 2 6., it is incorrect to discuss the function of price discovery in futures market. A. futures price and spot price movements are basically the same, and gradually convergence B. futures prices have become the basis for spot trading around the world C. futures prices overcome the scattered and partial market prices in time and space limitations, and have the characteristics of openness, continuity and anticipation The D. price discovery function refers to the function of forming the futures price by means of competitive bidding in an open, fair, efficient and competitive futures