1. Short selling is a high risk activity (T/F)

2. Exchange traded derivatives volume is less than one billion according to the FUTURES INDUSTRY MAGAZINE in 2010 (T/F)

3. Derivatives are securities and not contracts (T/F)

4. A seller of a put option on a futures contract obligates them to buy a futures contract should the put buyer exercise the option. (T/F)

5. Swap obligates delivery of either bonds or stocks (T/F)