Lukasz B
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Quiz on Eurex 2.4, created by Lukasz B on 27/06/2017.

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Lukasz B
Created by Lukasz B almost 7 years ago
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Eurex 2.4

Question 1 of 18

1

Trading for all contracts of one product starts simultaneously at the Eurex Exchanges.

Select one of the following:

  • True
  • False

Explanation

Question 2 of 18

1

Only if the order size in a cross trade is bigger than the minimum size it is necessary to make a
cross request before entering the cross trade

Select one of the following:

  • True
  • False

Explanation

Question 3 of 18

1

Cross trades and mistrades at the Eurex Exchanges are typically offset by entering a
countertransaction.

Select one of the following:

  • True
  • False

Explanation

Question 4 of 18

1

In case of emergency members may have their orders deleted by the Eurex Exchanges.

Select one of the following:

  • True
  • False

Explanation

Question 5 of 18

1

The "trading on behalf of" process may also include entering quotes for a Market Maker.

Select one of the following:

  • True
  • False

Explanation

Question 6 of 18

1

Traders are allowed to provide their access code (UserID) to other traders to enable them to
trade at the Eurex Exchanges.

Select one of the following:

  • True
  • False

Explanation

Question 7 of 18

1

What are the consequences when the status of a product is set to "Fast Market"?

Select one or more of the following:

  • Deletion of all existing orders for this product

  • Trade suspension for this product for five minutes

  • Display of the status in the appropriate windows

  • Increase of the maximum allowed spreads for quotes

Explanation

Question 8 of 18

1

Which possibilities do members have if they cannot trade due to in-house technical problems?

Select one or more of the following:

  • Participation in the "trading on behalf of" process by calling the Eurex Exchanges

  • Deletion of all their orders by calling the Eurex Exchanges

  • Login to the Eurex system with another Member ID

  • Declaration of mistrades for all trades which occoured after this point in time

Explanation

Question 9 of 18

1

Which statements regarding the "trading on behalf of" process are correct?

Select one or more of the following:

  • The orders are submitted to an Eurex employee via telephone

  • All orders must be confirmed via e-mail or fax after they are submitted via telephone

  • All orders in the "trading on behalf" of process are processed Trade Entry Service

  • All orders in the "trading on behalf" of process are input to the Eurex system

Explanation

Question 10 of 18

1

Who may participate in the "trading on behalf of" process?

Select one or more of the following:

  • Every admitted trader of a member

  • Only the head trader of all members after they have registered

  • Only the head trader of all GCMs (General Clearing Member)

  • Only for all Market Makers

Explanation

Question 11 of 18

1

Which party(ies) should traders contact immediately if they cause a mistrade?

Select one or more of the following:

  • Disciplinary Committee

  • Management of the Eurex Exchanges

  • Market Supervision of the Eurex Exchanges

  • Exchange Council

Explanation

Question 12 of 18

1

In which cases should a trader contact the Trading Surveillance Office(s) of the Eurex
Exchanges?

Select one or more of the following:

  • Conspicuous trade behaviour in certain contracts

  • Erroneous entry of a cross trade

  • Origination of a mistrade

  • Participation in the "trading-on-behalf of" process

Explanation

Question 13 of 18

1

Which of the following transactions may be executed using the "trading on behalf of" process in
the agent account (A..) of a member?

Select one or more of the following:

  • Exercise of equity options

  • Deletion of orders

  • Deletion of quotes

  • Entry of market orders

Explanation

Question 14 of 18

1

Which condition(s) must be met in order to classify a trade at the Eurex Exchanges as a
mistrade which can be cancelled?

Select one or more of the following:

  • Considerable deviation of the trade price from the reference price

  • Application for cancellation of the trade by the appropriate exchange member within 30 minutes

  • Erroneous entry of the order

  • Entry of a market order

Explanation

Question 15 of 18

1

Which document defines the minimum difference between the price of a trade and the
reference price which is considered substantial and thus constitutes a mistrade?

Select one or more of the following:

  • Exchange regulations

  • Trading conditions at the Eurex Exchanges

  • Emergency procedure

  • Contract specifications

Explanation

Question 16 of 18

1

With which trading period (product phase) does trading usually resume after a trade
suspension?

Select one or more of the following:

  • Pre-Trading Period

  • Opening auction

  • Trading Period

  • Post-Trading Period

Explanation

Question 17 of 18

1

Which activities may traders perform in products that are suspended from trading and have a
status of "Halt"?

Select one or more of the following:

  • Deletion of orders which are still in the order book

  • Entry of new orders in consideration of the resumption of trading

  • Viewing of their executions for this product

  • Entry of give-up instructions for this product

Explanation

Question 18 of 18

1

Which of the following price(s) caused by erroneously entered orders in the DAX Future may
be a mistrade, given a reference price for the DAX Future of 5,210 and a margin interval for the
DAX Future of 400 points? The Boards of Management of the Eurex Exchanges have set the
interval for a significant price deviation from the reference price at 20 percent of the margin
interval.

Select one or more of the following:

  • 4,210.0

  • 5,120.0

  • 5,201.0

  • 5,510.0

Explanation