Lukasz B
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Quiz on Eurex 1.2, created by Lukasz B on 27/06/2017.

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Lukasz B
Created by Lukasz B over 7 years ago
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Eurex 1.2

Question 1 of 15

1

Quotes cannot be cancelled during the Pre-Trading Period.

Select one of the following:

  • True
  • False

Explanation

Question 2 of 15

1

Increasing the size of an order existing within the order book will not result in any change of its
time priority within the order book.

Select one of the following:

  • True
  • False

Explanation

Question 3 of 15

1

Prior to entering a cross or prearranged trade into the Eurex Exchange's system, it is always
necessary to enter a cross request.

Select one of the following:

  • True
  • False

Explanation

Question 4 of 15

1

According to the relevant regulations, exchange participants may have their proprietary orders
in futures contracts executed against those of their customers.

Select one of the following:

  • True
  • False

Explanation

Question 5 of 15

1

Applications for cancellation of trades must be immediately reported to Eurex.

Select one of the following:

  • True
  • False

Explanation

Question 6 of 15

1

Where the reference price for the purpose of judging mistrades in options cannot be
determined on the basis of market prices, Eurex is authorized to calculate a "fair" price, using
an option pricing model, and to apply such price as an alternative reference price.

Select one of the following:

  • True
  • False

Explanation

Question 7 of 15

1

Which is (are) the objective(s) of the Pre-Trading Period?

Select one or more of the following:

  • Opportunity for the last reaction to the market situation during the day

  • Delay in the start of exchange trading

  • Opportunity for participants to delete orders and quotes

  • Opportunity for an order entry at the opening price

Explanation

Question 8 of 15

1

Which price is being initially displayed during the opening auction in case of a crossed
orderbook?

Select one or more of the following:

  • Official opening price

  • Previous day closing price

  • Preliminary opening price

  • No prices are displayed in the opening auction

Explanation

Question 9 of 15

1

Which components does a standard volatility strategy in the Eurex system consist of?

Select one or more of the following:

  • It consists of a number of instruments and corresponding leg-ratios determined by the Board of Management

  • Simultaneous purchase and/or sale of option contracts of different option series

  • Purchase of option contracts and sale of respective futures contracts

  • Sale of option contracts and purchase of respective futures contracts

Explanation

Question 10 of 15

1

Which specification(s) must be present for an accepted combination order (futures calendar
spread) for futures contracts at the Eurex exchanges?

Select one or more of the following:

  • Absolute price limits for the two component orders

  • Price indication for the spread

  • Validity specification

  • No such specifications are necessary

Explanation

Question 11 of 15

1

Which are the components of combination orders at the Eurex Exchanges for Futures?

Select one or more of the following:

  • Purchase of option contracts and sale of respective futures contracts

  • Two individual orders to be executed simultaneously

  • Purchase and sale of an identical number of different futures contracts

  • Sale of option contracts and purchase of respective futures contracts

Explanation

Question 12 of 15

1

An exchange participant wishes to enter two limit orders that could be executed against each
other into the Eurex system. Which procedure must this exchange participant follow?

Select one or more of the following:

  • Immediate entry of the second order into the system

  • Immediate quote request for the second order

  • Entry of a cross request and thereafter entry of both orders within a certain time period

  • Immediate notification of the Exchange regarding the details of the second order

Explanation

Question 13 of 15

1

How are Futures combination orders and/or combination quotes which have not been
executed, or non-executed portions of such orders, treated within the Eurex system?

Select one or more of the following:

  • Deletion of quotes at the end of the exchange trading day

  • Orders valid beyond the current exchange trading day remain in the order book

  • Transfer into the Trade Entry Service - order book

  • Transfer of combination orders or quotes into the general order book

Explanation

Question 14 of 15

1

What is the term for the type of order where -in case of a complete, cohesive execution- either
the limit or the stop market order is executed?

Select one or more of the following:

  • Immediate-or-cancel (IOC) order

  • Stop-loss order

  • One-cancels-the-other (OCO) Order

  • Iceberg order

Explanation

Question 15 of 15

1

What is the term for a trade where the buy- and the sell order executed against each other
were entered by the same exchange participant?

Select one or more of the following:

  • Proprietary trading

  • Cross Trade

  • Changeover

  • Combination Trade

Explanation