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Question 1
Which of the following companies is most likely to be traded OTC?
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Correct In certain instances, some companies may choose to be traded Over the Counter (OTC) rather than on a public exchange. Such companies are still publicly held companies; they simply have a much smaller float than other public firms. One particular instance when a firm might choose to trade OTC is when the firm is a non-U.S. firm that wants to provide ease to its possible buyers to trade its shares in the U.S. without the firm itself having to comply with U.S. securities laws.
Incorrect! In certain instances, some companies may choose to be traded Over the Counter (OTC) rather than on a public exchange. Such companies are still publicly held companies; they simply have a much smaller float than other public firms. One particular instance when a firm might choose to trade OTC is when the firm is a non-U.S. firm that wants to provide ease to its possible buyers to trade its shares in the U.S. without the firm itself having to comply with U.S. securities laws.
Question 2
TechEdge, Inc. is an up and coming technology firm. Which of the following markets is the most likely place for TechEdge to list its securities?
Correct In a general sense, each of the various exchanges registered under the 1934 Act specializes in a specific type of security. The New York Stock Exchange (NYSE) specializes in extremely large companies while the Chicago Board of Options Exchange (CBOE) deals with derivative securities. The NASDAQ electronic marketplace (technically not an Exchange as it is not registered under the 1934 Act) plays host to many of the world's high-tech firms who have publicly issued their securities.
Incorrect! In a general sense, each of the various exchanges registered under the 1934 Act specializes in a specific type of security. The New York Stock Exchange (NYSE) specializes in extremely large companies while the Chicago Board of Options Exchange (CBOE) deals with derivative securities. The NASDAQ electronic marketplace (technically not an Exchange as it is not registered under the 1934 Act) plays host to many of the world's high-tech firms who have publicly issued their securities.
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Question 3
Puts, calls, forwards, and swaps are all examples of:
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Correct Derivatives ' instruments whose value is based on the value of an underlying security ' are very popular in modern finance. Essentially, derivatives act as a mechanism whereby investors can operate by buying and selling instruments that represent different types of financial and operation risk in a company. In that way, a company or an individual can trade different derivatives to hedge risk out of their portfolio of holdings.
Incorrect! Derivatives ' instruments whose value is based on the value of an underlying security ' are very popular in modern finance. Essentially, derivatives act as a mechanism whereby investors can operate by buying and selling instruments that represent different types of financial and operation risk in a company. In that way, a company or an individual can trade different derivatives to hedge risk out of their portfolio of holdings.
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