NO.PZ2021061002000002
问题如下:
Which of the following statement is true about the derivatives
market?
选项:
A.It is difficult to go short
Derivative markets create beneficial opportunities that do not
exist in their absence
Derivatives generally trade at lower transaction costs than
comparable spot market transactions, are often more illiquid than their
underlyings.
解释:
B is correct
衍生品让做空变得更容易。A错
衍生品市场可以创造出现货市场没有的交易方式,例如期权。B对
衍生品交易的交易成本通常低于可比的现货市场交易,通常比其标的更具流动性,并提供了一种简单、有效和低成本的风险转移方式。不是C选项说的流动性更差(illiquid),C错
求that do not exist in their absence翻译