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QUESTION 7 The financial institution that guarantees both sides of a future contract is called the: O a. Futures exchange. b. Clearing house. c. Selective

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QUESTION 7 The financial institution that guarantees both sides of a future contract is called the: O a. Futures exchange. b. Clearing house. c. Selective exchange. O d. Futures contract regulator. QUESTION 8 Which of the following is most accurate? a. Speculators always take the "other" side of trades made by hedgers. b. Limit orders can only be used to exit a market position. OC. Price move limits remain the same regardless of market conditions. O d. Mark-to-market settlement of futures positions is based on end of trading day or trading session prices

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