Futures Test

1. What is maintenance margin?

The trade entry fee only A contract symbol A stock split The minimum account balance required to keep a position open

2. What is leverage in futures trading?

Guaranteed profit A fixed price forever Controlling a large contract value with smaller margin A savings account

3. Which futures month code represents September?

Z M U G

4. What is a take-profit order?

A market holiday A tax payment An order designed to close a trade at a target profit A margin call

5. Which futures month code represents March?

Z M H U

6. What is liquidity in futures trading?

A tax refund How much water a company has A broker password How easily contracts can be bought or sold

7. What does CL represent in futures?

Crude oil futures Crypto leverage Call option Corn lots only

8. Who trades futures?

Only crypto traders Hedgers, institutions, funds, and retail traders Only farmers Only banks

9. What is a long futures position?

Owning a stock dividend Buying a contract expecting price to rise Avoiding all trades Selling a contract expecting price to fall

10. What is the bid-ask spread?

A tax fee A broker bonus The difference between buying and selling prices The difference between gold and oil

11. What is a short futures position?

Opening a savings account Buying a dividend stock Selling a contract expecting price to fall Buying a contract expecting price to rise

12. Which category includes crude oil and natural gas futures?

Consumer Staples Technology Healthcare Energy

13. What is a futures contract?

A crypto wallet An agreement to buy or sell an asset at a set price on a future date A bank savings account A company share

14. Which category includes S&P 500 and Nasdaq futures?

Agricultural futures Stock index futures Energy futures Currency futures

15. Why should futures traders understand contract specifications?

Because brokers hide all prices Because each contract has different tick size, tick value, and expiration Because specs guarantee profit Because all futures are the same

16. Why is tick value important?

It helps calculate profit and loss It guarantees winning trades It prevents volatility It removes margin requirements

17. What does NQ represent?

New York bond Net quote Natural gas only Nasdaq futures

18. What is contract size?

A trader’s account password The size of a broker website The amount of the underlying asset represented by one futures contract The number of trading days

19. What does hedging mean in futures?

Avoiding all investing Buying only stocks Reducing risk from price changes Trying to guarantee profit

20. What is slippage?

A tax refund A guaranteed profit When execution price differs from expected price A futures symbol

21. What is physical delivery?

Delivery of the actual underlying commodity Buying an ETF Getting a broker email Receiving a dividend

22. What is a stop-loss order?

A guaranteed profit order An order designed to limit losses if price moves against the trade A dividend payment A broker fee

23. Which futures month code represents June?

H M F Z

24. What is volume in futures?

The broker’s account size The company’s revenue The number of contracts traded during a period The dividend amount

25. What is settlement in futures?

A broker password reset A crypto wallet backup The process of closing or fulfilling the contract A dividend payment