TRUE/FALSE QUESTIONS

10. One of the advantages of over the counter derivatives is its lower cost of transaction. (1 mark) 11. The main advantage of Futures is that they enable the holder to benefit from upside potential while limiting downside risk. (1 mark) 12. In Currency Futures trading, a tick is the smallest movement in the exchange rate and its value are sometimes quoted in Euro. (1 mark) 13. Someone who is bearish about the underlying asset's performance would choose a long-call position. (1 mark)