3 - An Exchange is Marketplace for buying & selling the commodities spot & future delivery. 4 – Buying Call Option has limited risk involved 5 – OTC derivatives are Traded at exchange 6 – MBS is derivative Product 7 – Trade in Timber is not counted as an agricultural commodity 8 - Trading through exchange has a geographical restriction 9 – Clearing House are appointed by exchanges to transfer the funds 10 - NASDAQ is the largest commodity exchange in USA 11 - Hedging is an Insurance Product 12 – Risk of Bull Call Spread is Limited – 13 – Speculation Trading was Started in 1934 14 – Selling Call Option has limited risk involved 15 – Selling Put Option has limited risk Involved 16 – CMBS is Not derivative Product 17 – Trade in Rubber is counted as an agricultural commodity 18 - Trading through Market or Madis has a no geographical restriction 19 – Clearing Banks are appointed by exchanges to transfer the funds 20 – Bear Put Spread strategy is adopted when market outlook is Highly bearish 21 - On the due date buyer of the Option exercise right or lapse it 22 – Buying Put Option has Un-limited risk involved 23 – OTC derivatives are Not a considered as Legal Trade 24 – CDS is not considered as derivative Product 25 – Trade in Coal is counted as an agricultural commodity 26 - Trading through exchange has a no geographical restriction 27 – Lower the exercise price, More valuable is call 28 - More the Interest rate Lower is the Spot price