ACAMS
CAMS · Question #734
CAMS Question #734: Real Exam Question with Answer & Explanation
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Question
A law enforcement action alleged that, over the course of two months, defendants engaged in a series of copper, gold, crude oil, and natural gas futures transactions on an electronic trading platform. One defendant repeatedly bought future contracts at low prices from another party and immediately sold them back at higher prices, effectively ensuring that one defendant made profits while the other took losses, even though there was no actual market risk involved. What is the name of this typology?
Options
- AShort position
- BReverse flip
- CWash trading
- DBid-ask spread
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