Asked by Matthew Mitrano on Jul 29, 2024

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Verified

Financial futures contracts are actively traded on which of the following indices?

A) The S&P 500 Index
B) The New York Stock Exchange Index
C) The Nikkei Index
D) The Dow Jones Industrial Index
E) All of the options are correct.

Financial Futures

Contracts to buy or sell financial instruments, like currencies or government bonds, at a predetermined future date and price.

S&P 500 Index

A stock market index in the United States comprised of 500 major companies with publicly traded shares on the New York Stock Exchange or NASDAQ, determined by their market capitalizations.

Nikkei Index

A stock market index for the Tokyo Stock Exchange, representing the performance of leading Japanese companies.

  • Catalog the diverse commodities and financial strategies exchanged via futures contracts.
verifed

Verified Answer

AN
Amanda NeitzelAug 04, 2024
Final Answer :
E
Explanation :
Financial futures contracts are actively traded on all of these indices: the S&P 500 Index, the New York Stock Exchange Index, the Nikkei Index, and the Dow Jones Industrial Index. These indices are among the most watched in the world and serve as benchmarks for the performance of stocks in the United States and Japan. Futures contracts on these indices allow investors to speculate on or hedge against future changes in the value of the indices.