Which of the following statement is not true ( ) A: Speculators dominate the Chinese stock markets B: It is difficult for minority shareholder to protect their interests C: Western concept of corporate governance has been fully embraced D: Amendments to the Securities Law came in effect as of 1 January 2006.

If Canadian speculators expect the euro to appreciate against the U.S. dollar, they would: A: purchase Canadian dollars B: purchase U.dollars C: purchase euros D: use Canadian dollars to buy euros, instantly use the euros to buy U.dollars, and then instantly use the U.dollars to buy Canadian dollars.

If Chinese speculators expect the euro to appreciate against the U.S. dollar, they would: A: purchase Chinese yuan. B: purchase U.S. dollars. C: purchase euros. D: use Chinese yuan to buy euros, instantly use the euros to buy U.S. dollars, and then instantly use the U.S. dollars to buy Chinese yuan.

If Canadian speculators expect the euro to appreciate against the U.S. dollar, they would _____. A: purchase Canadian dollars. B: purchase S. dollars. C: purchase euros. D: use Canadian dollars to buy euros, instantly use the euros to buy S. dollars, and then, instantly use the U.S. dollars to buy Canadian dollars.

Which of the following statements about the futures market is most accurate() A: Speculators trade to reduce some preexisting risk exposure. B: If a trader’s account falls below the maintenance margin level they have three days to bring it back up to the maintenance margin level. C: Open interest is the number of futures contracts for which delivery is currently obligated.