Which of the following are futures exchanges?
I.New York Mercantile Exchange
II.New York Stock Exchange
III.Chicago Board of Trade
IV.NASDAQ
A)I and II only
B)II and III only
C)II and IV only
D)I and III only
E)II, III, and IV only

Question

Quizplus · Accepted Answer

The New York Stock Exchange and NASDAQ are stock exchanges, not futures exchanges. The New York Mercantile Exchange and Chicago Board of Trade are both futures exchanges. Therefore, the only choices that are futures exchanges are I and III, making D the correct answer.

Which of the Following Are Futures Exchanges