Which reason(s) exist(s) to order a cash settlement in lieu of physical delivery upon exercise of equity options?
To maintain an orderly market
A high number of in-the-money options
Instruction of the company on whose shares the option is based
Instruction of the Frankfurt Stock Exchange
The Boards of Management of the Eurex Exchanges may verify at any time whether the business activities of an exchange participant comply with the Eurex Exchange Rules.
Which body(ies) monitor(s) that the exchange prices of Eurex Deutschland are determined in an orderly manner ?
Market Supervision
Exchange Council
Trading Surveillance Office
Board of Management of the Eurex Exchanges
According to the Exchange Rules, the tasks of the Eurex Exchanges include in particular the conclusion of standardized derivative contracts, such as futures and options.
According to the Exchange Rules, what is the particular objective of the Eurex Exchanges?
Conclusion of forwards
Conclusion of swap transactions
Conclusion of non-standardized derivates
Conclusion of standardized derivate transactions, such as futures and options
According to the Exchange Rules, the tasks of the Boards of Management of the Eurex Exchanges include the regulation of the organization and business operations of the Exchange but not of the trading hours.
According to the Exchange Rules, the Exchange/Administrative Council is responsible for the surveillance of daily business of the respective Eurex Exchange.
All derivatives contracts including the TES Flexible Options traded at the Eurex Exchanges are standardized.
According to the Exchange Rules, which one(s) of the following bodies is (are) responsible for the management of the Eurex Exchanges?
Disciplinary Committee
Boards of Management of the Eurex Exchanges
Market Surveillance
Supervision of the operations of Eurex Deutschland is the responsibility of the competent highest state authority in the State of Hesse.
Which one(s) of the following institutions and bodies are authorized to request information and the submission of documents from exchange participants of Eurex Deutschland, as well as to carry out audits?
EDP Committee
Members of the Supervisory Board
Members of the Exchange Council
According to the Exchange Rules, which procedure applies in the event of an order for the exclusion of physical delivery of futures contracts?
Positions are closed out at the last traded price prevailing prior to such order
Rights and obligations shall be deemed to be performed upon the last daily settlement payment
The previous day's opening price shall be used as Final Settlement Price
Physical delivery is never excluded
According to the Exchange Rules, which of the following prices are determined at the Eurex Exchanges?
Official closing prices for options
Settlement prices
Transaction prices during trading hours
Official cash market prices
Position limits refer to which of the following:
The minimum number of contracts held by one Exchange Participant or one customer for his own account.
The maximum number of contracts in the relevant products which an Exchange Participant is permitted to hold for its own account or for one of its customers.
The weighted average number of contracts held by one customer for his own account.
The maximum number of contracts held by one Exchange Participant across all principal and customer accounts.
According to the Exchange Rules, which persons must apply for a personal access code to the Eurex system?
All exchange traders
All persons with back office and system administration duties
Only senior traders
Only exchange traders of foreign subsidiaries
