Asked by David Williams on Jul 11, 2024

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Financial futures contracts are actively traded on the following indices except

A) the All ordinary index.
B) the DAX 30 Index.
C) the CAC 40 Index.
D) the Toronto 35 Index.
E) All of the options are correct.

Financial Futures Contracts

Agreements to buy or sell financial instruments or commodities at a future date for a price that is established at the time of the contract.

DAX 30 Index

A stock market index representing 30 of the largest and most liquid German companies trading on the Frankfurt Stock Exchange.

CAC 40 Index

A benchmark French stock market index representing a capitalization-weighted measure of the 40 most significant stocks among the 100 largest market caps on the Paris Bourse.

  • Recognize the various categories of futures contracts, encompassing both financial and commodity futures.
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MD
Manpreet DhillonJul 14, 2024
Final Answer :
E
Explanation :
Financial futures contracts are actively traded on indices such as the All Ordinaries Index (Australia), the DAX 30 Index (Germany), and the CAC 40 Index (France). The Toronto 35 Index, however, is not a current or widely recognized index for trading financial futures; instead, the S&P/TSX Composite Index is the primary index for Canadian stocks. Therefore, all the options are correct in the context that the Toronto 35 Index does not have financial futures traded on it, making option E the correct choice.