Question 1
Question
If there is an opening price for a futures contract then all unlimited (market) orders in the order
book are always executed at this price.
Question 2
Question
There is no time priority for futures contracts on the DAX.
Question 3
Question
In Eurex Exchange's T7 the Market Order Matching Range exists for both, futures and options
contracts.
Question 4
Question
Market buy orders for option products may not be executed while at the same time limit buy
orders are executed at the time of opening price determination.
Question 5
Question
The Market Order Matching Range has no influence on the determination of the opening price
of a future contract.
Question 6
Question
A stop market order may not be executed at a price which deviates from its defined trigger
price.
Question 7
Question
Which execution(s) result(s), besides others, if the following order is entered in the following order book for a DAX Future contract in the Trading Period: Buy 24 contracts at 5211.0?
Answer
-
24 contracts at 5211.0
-
6 contracts at 5210.0
-
3 contracts at 5211.0
-
9 contracts at 5210.0
Question 8
Question
Which execution(s) result(s), besides others, if the following order is entered in the following order book for an FDAX contract in the Trading Period: Buy 30 contracts at market? The last trade price for the respective FDAX contract was 5210.0 and the Market Order Matching Range is 10 points.
Answer
-
No execution
-
11 contracts at 5213.0
-
29 contracts at 5213.0
-
1 at 5260.0
Question 9
Question
Which execution(s) result(s), besides others, if the following order is entered in the following order book for a DAX option contract in the Trading Period: Buy 7 contracts at 23.1?
Answer
-
7 contracts at 23.1
-
5 contracts at 22.6
-
7 contracts at 22.1
-
2 contracts at 22.1
Question 10
Question
Which execution(s) result(s), besides others, if the following order is entered in the following order book for an options contract for Deutsche Telekom AG shares in the Trading Period: Sell 7 contracts at the market? The last trade price for the options contract was 10.5 and there are only orders and no quotes in the shown orderbook.
Answer
-
7 contracts at 11.0
-
7 contracts at 10.5
-
7 contracts at 10
-
No execution
Question 11
Question
Which execution(s) result(s), besides others, if the following order is entered in the following order book for an options contract for Nokia equity in the Trading Period: Buy 20 contracts at 4.11? The last trade price for the options contract was 4.08.
Answer
-
17 contracts at 3.15
-
2 contracts at 3.16
-
1 contract at 4.05
-
20 contracts at 4.05
Question 12
Question
Which execution(s) result(s), besides others, if the following order is entered in the following order book for an options contract for Nokia equity in the Trading Period: Buy 20 contracts at 4.11? The last trade price for the options contract was 4.08.
Answer
-
20 contracts at 3.16
-
20 contracts at 4.08
-
20 contracts at 4.11
-
No execution
Question 13
Question
The entry of which order, given the following order book for a Euro BUND Future, triggers the following stop order in the order book: Buy 20 with a trigger price of 111.17?
Answer
-
Buy 33 contracts no limit (market order)
-
Buy 40 contracts at 111.17
-
Buy 40 contracts 111.18
-
Buy 40 contracts at 111.19
Question 14
Question
The entry of which order, given the following order book for a SMI Future contract, triggers the following stop order in the order book: Sale 20 with a trigger price of 6634? The last price for this SMI Futures contract was 6640.0
Answer
-
Buy 10 contracts at 6642.0
-
Buy 10 contracts at 6635.0
-
Sell 5 contracts at 6634.0
-
Sell 5 contracts at 6635.0
Question 15
Question
Which execution(s) result(s), besides others, if the following order is entered in the following order book for an options contract for the Euro BUND Future in the Trading Period: Sell 30 contracts at 0.89. The last trade price for the options contract was 0.83.
Answer
-
22 contracts at 0.91
-
7 contracts at 0.89
-
5 contracts at 0.90
-
No execution
Question 16
Question
Which execution(s) result(s), besides others, if the following order is entered in the following order book for a Euro Stoxx 50 Futures contract in the Trading Period: Buy 7 contracts at 4011.0 with the restriction/validity IOC?
Answer
-
7 contracts at 4011.0
-
1 contract at 4006.0
-
1 contract at 4010.0
-
No execution
Question 17
Question
Which restricted order type cannot be designated as persistent?
Answer
-
Good-till-cancelled
-
Good-till-date
-
Stop market Order
-
Quote
Question 18
Question
In the case of a trading interruption or host failure, which orders will be deleted from the order
book prior to the Pre-Trading Phase?