ADOBO2

On what exchange do futures and forwards trade?

• Bourse de Montreal

• Winnipeg Stock Exchange

• Toronto Stock Exchange

• TSX

Which of the following terms is NOT used to describe capital?

• Scarce

• Mobile

• Fleeting

• Sensitive

The insurance industry has two main lines of business. What are they?

Possible Answers:

• Life insurance and property & casualty insurance

• Life insurance and critical illness insurance

• Life insurance and accident and sickness insurance

• Life insurance and disability insurance

What type of financial instrument allows a company to raise capital quickly but must be repaid to the lender at a future date?

• Preferred shares

• Common shares

• Equity Instrument

• Debt instrument

Which of the following is the biggest type of market in Canada?

• Stock Market

• Dealer Market

• Auction Market

• Bond Market

An analyst was discussing the current equity market conditions at an investor conference. When specifically asked about JDL Co., he said that there has been:

Frequent sales;

Anarrow spread between bid and ask prices, and;

Very small price fluctuations from sale to sale.

What term could best be used to describe the current market conditions for JDL?

• A liquid market

• An erratic market

• A thin market

• A narrow market

Which of the following are the two most common derivatives?

• Options and forwards

• Forwards and warrants

• Options and futures

• Rights and warrants

Which of the following is another term for "exchange"?

• Spread market

• Auction market

• Bid-ask market

• Dealer market

To which of the following do the securities commissions delegate some of their

powers?

• CDIC

• OSFI

• CSI

• SROs

What is one of the primary responsibilities of a financial intermediary?

• To help client's create a financial plan.

• To ensure that industry participants follow and respect industry rules and regulations.

• To maintain stability in the financial markets.

• To help transfer capital from savers to users.