Lukasz B
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Quiz on Eurex 1.1, created by Lukasz B on 23/06/2017.

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Lukasz B
Created by Lukasz B almost 7 years ago
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Eurex 1.1

Question 1 of 15

1

Which reason(s) exist(s) to order a cash settlement in lieu of physical delivery upon exercise of
equity options?

Select one or more of the following:

  • 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

Explanation

Question 2 of 15

1

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.

Select one of the following:

  • True
  • False

Explanation

Question 3 of 15

1

Which body(ies) monitor(s) that the exchange prices of Eurex Deutschland are determined in
an orderly manner ?

Select one or more of the following:

  • Market Supervision

  • Exchange Council

  • Trading Surveillance Office

  • Board of Management of the Eurex Exchanges

Explanation

Question 4 of 15

1

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.

Select one of the following:

  • True
  • False

Explanation

Question 5 of 15

1

According to the Exchange Rules, what is the particular objective of the Eurex Exchanges?

Select one or more of the following:

  • Conclusion of forwards

  • Conclusion of swap transactions

  • Conclusion of non-standardized derivates

  • Conclusion of standardized derivate transactions, such as futures and options

Explanation

Question 6 of 15

1

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.

Select one of the following:

  • True
  • False

Explanation

Question 7 of 15

1

According to the Exchange Rules, the Exchange/Administrative Council is responsible for the
surveillance of daily business of the respective Eurex Exchange.

Select one of the following:

  • True
  • False

Explanation

Question 8 of 15

1

All derivatives contracts including the TES Flexible Options traded at the Eurex Exchanges are
standardized.

Select one of the following:

  • True
  • False

Explanation

Question 9 of 15

1

According to the Exchange Rules, which one(s) of the following bodies is (are) responsible for
the management of the Eurex Exchanges?

Select one or more of the following:

  • Disciplinary Committee

  • Boards of Management of the Eurex Exchanges

  • Exchange Council

  • Market Surveillance

Explanation

Question 10 of 15

1

Supervision of the operations of Eurex Deutschland is the responsibility of the competent
highest state authority in the State of Hesse.

Select one of the following:

  • True
  • False

Explanation

Question 11 of 15

1

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?

Select one or more of the following:

  • Market Surveillance

  • EDP Committee

  • Members of the Supervisory Board

  • Members of the Exchange Council

Explanation

Question 12 of 15

1

According to the Exchange Rules, which procedure applies in the event of an order for the
exclusion of physical delivery of futures contracts?

Select one or more of the following:

  • 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

Explanation

Question 13 of 15

1

According to the Exchange Rules, which of the following prices are determined at the Eurex
Exchanges?

Select one or more of the following:

  • Official closing prices for options

  • Settlement prices

  • Transaction prices during trading hours

  • Official cash market prices

Explanation

Question 14 of 15

1

Position limits refer to which of the following:

Select one or more 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.

Explanation

Question 15 of 15

1

According to the Exchange Rules, which persons must apply for a personal access code to the
Eurex system?

Select one or more of the following:

  • All exchange traders

  • All persons with back office and system administration duties

  • Only senior traders

  • Only exchange traders of foreign subsidiaries

Explanation

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