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Master the Series-3 Exam Empower Your Futures Trading Career with the National Commodity Futures Examination - Your Gate

Unlock your potential in futures trading with our Series-3 Exam preparation. Dominate the National Commodity Futures Examination and earn your Series 3 license with confidence. Our comprehensive program covers every aspect of the exam, ensuring you're well-prepared to navigate the complexities of the futures industry. Dive into dynamic study materials, practice tests, and expert insights to maximize your success. Whether you're aiming for futures and options certification or becoming a licensed commodity broker, our tailored resources are designed to meet your needs. Join our program to access

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Master the Series-3 Exam Empower Your Futures Trading Career with the National Commodity Futures Examination - Your Gate

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  1. Finance Series-3 National Commodity Futures Examination Questions And Answers PDF Format: For More Information – Visit link below: https://www.certsgrade.com/ Version = Version = Product Visit us athttps://www.certsgrade.com/pdf/series-3/

  2. Latest Version: 6.0 Question: 1 What is excessive trading that results in increased commissions for the broker while providing no benefit to the customer called? A. Arbitrage B. Charting C. Churning D. Bidding Answer: C Explanation: Churning is excessive trading that results in increased commissions for the broker while providing no benefit to the customer. Question: 2 What is the tendency for prices of physical commodities and futures to approach one another, usually during the delivery month? A. Divergence B. Convergence C. Arbitrage D. Bucketing Answer: B Explanation: The tendency for prices of physical commodities and futures to approach one another, usually during the delivery month, is convergence. Question: 3 What is an individual who solicits orders, customers, or customer funds on behalf of a futures commission merchant, an introducing broker, a commodity trading advisor, or a commodity pool operator and is registered with the Commodity Futures Trading Commission called? A. Associated person B. Floor broker C. Floor trader Visit us athttps://www.certsgrade.com/pdf/series-3/

  3. D. Scalper Answer: A Explanation: An associated person is an individual who solicits orders, customers, or customer funds on behalf of a futures commission merchant, an introducing broker, a commodity trading advisor, or a commodity pool operator and is registered with the Commodity Futures Trading Commission. Question: 4 Who is the individual who executes orders on the trading floor of an exchange for any other person? A. Introducing broker B. Scalper C. Floor broker D. Floor trader Answer: C Explanation: A floor broker is an individual who executes orders on the trading floor of an exchange for any other person. Question: 5 What is a trader who trades for small, short-term profits during one trading session and rarely holds a position overnight? A. Day trader B. Position trader C. Floor trader D. Scalper Answer: D Explanation: A scalper is a trader who trades for small, short-term profits during one trading session and rarely holds a position overnight. Question: 6 What is the smallest increment of a price movement for a futures contract called? A. Spot Visit us athttps://www.certsgrade.com/pdf/series-3/

  4. B. Spread C. Short D. Tick Answer: D Explanation: A tick is the smallest increment of a price movement for a futures contract. Question: 7 An option writer can also be referred to as an option seller. A. True B. False Answer: A Explanation: An option writer can also be referred to as an option seller. Question: 8 The strike price is the price that the holder of an option pays and the writer of an option receives for the rights conveyed by the option. A. True B. False Answer: B Explanation: The premium is the price that the holder of an option pays and the writer of an option receives for the rights conveyed by the option. The strike price is another name for the exercise price. Question: 9 A call option is in the money ifthe current market value of the underlying security is above the exercise price of the option. A. True B. False Answer: A Visit us athttps://www.certsgrade.com/pdf/series-3/

  5. Explanation: A call option is in the money if the current market value ofthe underlying security is above the exercise price ofthe option. Question: 10 Intrinsic value is the amount, if any, that an option is in the money. A. True B. False Answer: A Explanation: Intrinsic value is the amount, if any, that an option is in the money. Visit us athttps://www.certsgrade.com/pdf/series-3/

  6. For More Information – Visit link below: https://www.certsgrade.com/ PRODUCT FEATURES 100% Money Back Guarantee 90 Days Free updates Special Discounts on Bulk Orders Guaranteed Success 50,000 Satisfied Customers 100% Secure Shopping Privacy Policy Refund Policy 16 USD Discount Coupon Code: NB4XKTMZ Visit us athttps://www.certsgrade.com/pdf/series-3/ Powered by TCPDF (www.tcpdf.org)

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