FundedNext Futures Quiz

What is a Futures contract?

• A contract for long-term savings
  

• A loan agreement
  

• An agreement to buy/sell an asset at a future date
  

• A stock certificate
  

Which of the following is a major Futures exchange?

• NYSE
  

• NASDAQ
  

• eToro
  

• CME Group

Which of these can be traded as Futures?

• Only stocks

• Commodities, indices, currencies, crypto
  

• Only real estate

• Patents
  

What does "mark-to-market" mean in Futures?

• Keeping track of volume
  

• Pricing contracts based on yesterday’s price
  

• Daily settlement of profits and losses
  

• Averaging your trades
  

In Futures, what does “contango” refer to?

• A type of candle pattern
  

• A situation where future prices are higher than spot
  

• A reverse order book
  

• Sudden volatility spikes
  

A futures contract has a tick size of 0.25 and a tick value of $12.50. If the market moves up by 6 ticks, what is the profit on 2 contracts?

• $100

• $150

• $200

• $75

Which indicator is most relevant for predicting Futures volume dynamics?

• Open Interest

• RSI

• Moving Average

• VWAP

Futures contracts are typically settled on what basis?

• Weekly

• Monthly or quarterly

• Hourly

• Once a year

If a trader is long on a Futures contract, they are expecting the price to:

• Stay flat

• Drop

• Become volatile

• Go up

Which trader would benefit from a rising market in Futures?

• A short seller

• A long position holder

• A hedger

• A scalper only