Pilot segment
1. The following statement concerning the purchase of arbitrage is correct (). [singles]
A. Arbitragers expect a reduction in the price differential for different monthly futures contracts
B. Arbitragers buy lower-priced contracts while selling higher-priced contracts
C. Gains when futures prices fall and price differentials decrease for different delivery months
D. Gains when futures prices for different delivery months rise and the price differential increases
Investors expect futures contracts for soybeans to increase in price differentials for different months, buy a hand in the july soybeans futures contract at a price of 8920 cents/bulls and sell a hand in the september soybean futures contract at a price of 8870 cents/bulls, while the investor makes a () transaction. [singles]
A. Buying arbitrage
B. Selling arbitrage
C. Speculation
D. Insulation
In general, () is an important factor in determining the minimum acceptable level of profitability and the maximum loss limit. [singles]
Level of technical analysis
Level of basic analysis
C. Personal orientation
D. Luck
A speculator predicted an increase in maize prices in march, so he bought a march maize contract. Since then, however, prices have not gone up or down, and he has further bought a handout of the march maize contract. The market price then rebounded and the investor sold the contract. This speculative practice is () [singles]
A. Low average purchases
Average high sales
C. Pyramid purchases
D. Pyramid sales
The main methods of arbitrage analysis are (). Multi-selection
A. Icon analysis
B. Economic cycle analysis
C. Seasonal analysis
D. Supply and demand analysis for the same period
Turn the page to see the answer and the resolution
As a result of the epidemic, the 2020 futures qualification examination has been postponed and candidates can fill out a free sms alert service, at which point we will notify the 2020s in due time of their registration and examination time。
The above is a test of the 2020 futures qualification, futures basics: futures speculation and arbitrage. See more futures qualification " basics " simulation questions and calendar questions. You can download them by clicking on the free download button below
Answer parsing
1. Correct answer: d
Answer: if the arbitrager expects the difference in the futures contracts for different months to increase, the arbitrager will buy the higher-priced “leg” and sell the lower-priced “leg”, which we call arbitrage。
2. Correct answer: a
Answer: consider the definition of buying arbitrage。
3. Correct answer: c
Answer: the knowledge to determine profit and loss limits in the principles of futures speculation. In general, individual preference is an important factor in determining the minimum acceptable level of profitability and the maximum margin of loss。
4. Correct answer: a
Answer: look at the average buy low strategy。
5. Correct answer: a, c, d
Answer: the arbitrage analysis is based on three main methods。
As a result of the epidemic, the 2020 futures qualification examination has been postponed and candidates can fill out a free sms alert service, at which point we will notify the 2020s in due time of their registration and examination time。
The above is a test of the 2020 futures qualification, futures basics: futures speculation and arbitrage. See more futures qualification " basics " simulation questions and calendar questions. You can download them by clicking on the free download button below
