Ch 4 Interest Rates
Jon Lill 4-1
s Long term > ten years
s 20 year and 30 year bonds
s Issued with a coupon
s Short term < 1 year
s 30day, 60 day, 90 day and 360 day
s Issued at a discount
s Intermediate term >
Study sheet Oct 7
What are the two conventions that traders use to look at determining price?
What are the important aspects of technical trading?
What are the important aspects of fundamental trading?
What is a balance sheet in trading?
Futures are used
Location and Arc Theory
Jon Lill 7-1
The delivery market defines location
Shorts must send commodity to the delivery market
Longs receive commodity at those delivery market
Convergence of future price and spot delivery price
Jan 30 study sheet
Problems from the book
2.9, 2.10, 2.11, 2.12, 2.13, 2.14, 2.15, 2.18, 2.22
Know the complete definitions of
Initial Margin, Maintenance Margin, Variance Margin, Delivery, First Notice Day, Last Trading
day, Delivery Day, Volume, Open In
Sep 17 - Study Sheet
Understand +C = +F + B
With the following contracts explain the risks that are eliminated
Minimum price contract
Why is defining risks important?
Who delivers? The long or sho
Ch 2 Mechanics of Futures Markets
Jon Lill 2-1
Futures are traded on exchanges
CME, ICE, Euronext, Eurex, etc.
These exchanges provide the mechanics in which futures
are traded for that exchange
These mechanics include:
Terms of the contracts
Feb 26 Study sheet
With multiple arcs what additional factors are important to know about demand
Worldwide arcs cause supply and demand curves to be different how and why?
Why are currencies and bonds considered special when looking a
On my honor, I have neither given nor received any unauthorized aid on this exam. Nor am I aware
of anyone giving or receiving any unauthorized aid on this exam.
Finance 425 Midterm
A trader who takes on p