Quiz _3 KEY - Quiz Number 3 Financial Markets in the Global...

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Quiz Number 3 Financial Markets in the Global Society March 3, 2011 Name______________________ 1) During his talk, Tom Pluzycki mentioned that he clearly feels that a key ingredient needed for his job is (A) Quick reflexes (B) Knowledge about economics (C) Intense introspection (D) Good relationships with other traders 2) Tom said that he tries to pay more attention to his equity levels and fluctuations rather than the quality of the structure of his positions. T F 3) Tom said he believes that one can think of charts as a “pattern of human behavior.” T F 4) Jim Oliff referred to 3 principles that are important to successful exchanges as TLC. What does that stand for? (A) Trading, Losses, Control (B) Tender Loving Care (C) Taking Care of Losses (D) Transparency, Liquidity, Creditworthiness. (Worth two questions) 5) Jim Oliff said that no customer has ever lost money in the futures markets in Chicago during their entire 160 year history due to the failure of another market participant. T F 6) Per Jim, the CME has traded almost 3 billion futures and options contracts in one year, representing an underlying or notional value of more than (A) $1.40 (B ) $1.4 million (C) $1.4 billion (D) $1.4 quadrillion (E) $1.4 gazillion 7) Jim describes a transparent market as “one in which current trade and price information is readily available to the public.” T
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Quiz _3 KEY - Quiz Number 3 Financial Markets in the Global...

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