1 - The main activity prevailing in the futures markets is that of:

a) Speculators

b) Hedgers

c) Arbitrageurs

2 - Considering the Capital Asset Pricing Model (CAPM), which of the following suggestions can be considered as a consistent proxy of the risk-free rate?

a) 5 Years Treasury Bonds Yield

b) 10 Years Treasury Bonds Yield

c) 20 Years Treasury Bonds Yield

d) 30 Years Treasury Bonds Yield

3 - Which of the following statements can not be considered among the characteristics of the futures contracts?

a) Customized contracts.

b) Self-regulated contracts.

c) Anonymous contracts.

d) Risky contracts.

4 - The margin call can be assimilated to funds' deposits required by :

a) The buyer party

b) The clauses of the futures contract

c) The brokerage firm

d) The CFTC