Trading Terms Exam Practice Set 2

Bitcoin is a


Options are :

  • Stock
  • Digital Bond
  • Financial Tool
  • Cryptocurrency (Correct)

Answer : Cryptocurrency

GDP stands for Gross domestic product


Options are :

  • True (Correct)
  • False

Answer : True

GNP stands for


Options are :

  • Gross national income (Correct)
  • Gross National Products
  • Gross National Productions
  • Gross National Index

Answer : Gross national income

Another term for simulation analysis is


Options are :

  • Sensitivity Analysis
  • What-If analysis
  • Both of these terms (Correct)

Answer : Both of these terms

A portion of earnings paid to shareholders usually on a quarterly or annual basis are known as dividends


Options are :

  • True (Correct)
  • False

Answer : True

Haircut is slang for an extremely low (very thin) spread between the bid and ask prices


Options are :

  • True (Correct)
  • False

Answer : True

A milestone for price of a stock or asset on a specific given time period is known as a


Options are :

  • Record
  • High (Correct)
  • Peakage point

Answer : High

Borrowing shares in order to increase profit is known as leverage


Options are :

  • True (Correct)
  • False

Answer : True

Borrowing money for the purchase of an investment or asset is known as margin


Options are :

  • True
  • False (Correct)

Answer : False

The beginning of trading hours in the market is known as "open" or "market open"


Options are :

  • True (Correct)
  • False

Answer : True

Pink sheets are also called


Options are :

  • Industry Stocks
  • S & Ps
  • Penny Stocks (Correct)

Answer : Penny Stocks

The latest information on the stock's trading price is known as a quote


Options are :

  • True (Correct)
  • False

Answer : True

Belonging to the same industry is the same as belong to the same sector


Options are :

  • True (Correct)
  • False

Answer : True

A market based on a specific company's shares is called a share market


Options are :

  • True (Correct)
  • False

Answer : True

The difference between the bid and ask price is called the spread


Options are :

  • True (Correct)
  • False

Answer : True

The  CBOE Volatility Index is known as VIX


Options are :

  • True (Correct)
  • False

Answer : True

CBOE stands for Chicago Board Opinions Exchange


Options are :

  • True
  • False (Correct)

Answer : False

CME stands for Chicago Mercantile Exchange


Options are :

  • True (Correct)
  • False

Answer : True

As of 2018, the most popular charting software for financial information is TradingView


Options are :

  • True (Correct)
  • False

Answer : True

NYME stands for New York Mercantile Exchange


Options are :

  • True
  • False (Correct)

Answer : False

The GFX Corp is a subsidy of the CME


Options are :

  • True (Correct)
  • False

Answer : True

As of 2017, for daily average revenue trades and Forex transactions, Interactive Brokers LLC., is the second largest United States Based firm for electronics trading in these categories


Options are :

  • True
  • False (Correct)

Answer : False

IEX stands for


Options are :

  • Investors Exchange (Correct)
  • Interactive Brokers Exchange
  • International Stock Exchange
  • International Exchange

Answer : Investors Exchange

Multiplying the price of equity with the # of shares available in the market is known as Free-float capitalization-weighted


Options are :

  • True (Correct)
  • False

Answer : True

The PHLX Semiconductor Sector is based in Philadelphia


Options are :

  • True (Correct)
  • False

Answer : True

SSE stands for Shanghai Stock Exchange


Options are :

  • True (Correct)
  • False

Answer : True

CSI stands for


Options are :

  • China Stocks Index
  • Chinese Stocks Index
  • China Securities Index (Correct)

Answer : China Securities Index

HSI does not stands for Hang Seng Index


Options are :

  • True
  • False (Correct)

Answer : False

The symbol for the pound sterling is


Options are :

  • (Correct)
  • $

Answer :

GBP is the pound sterling


Options are :

  • True (Correct)
  • False

Answer : True

The symbol for the Euro is


Options are :

  • (Correct)
  • $
  • /

Answer :

The Swedish Franc is


Options are :

  • FRc
  • CHF (Correct)
  • SFr.C
  • All of these answers

Answer : CHF

The Central Bank for the Pound Sterling is


Options are :

  • The Royal Scottish Bank
  • The British International Bank
  • The Bank of England (Correct)
  • Quebec Royals

Answer : The Bank of England

is the symbol for the Japanese Yen


Options are :

  • True (Correct)
  • False

Answer : True

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