BMC – Bloomberg Market Concepts:
Commodities | Comprehensive Practice
Questions with Correct Answers | Finance &
Market Fundamentals Review
Click on the Bloomberg terminal screen to view data in the GLCO function. Which metal had
the highest price movement?
Nickel
Futures markets were developed to
standardize transactions to eliminate counterparty risks
A futures contract is
a legally binding agreement to buy or sell an asset during a specific month
One of the earliest recognized futures trading exchanges was the
Dojima Rice Exchange
Today the bulk of futures trading
happens electronically
Click on the Bloomberg terminal screen to examine futures contracts on the tickers below.
Which contract has the highest liquidity?
OCDA Comdty
Click on the Bloomberg terminal screen to view the BMAP function. Which vessel is in
Vladivostok?
Crudemed
Click on the Bloomberg terminal screen to view the OPEC function. How would you describe
the trend of total monthly estimated OPEC crude production?
Its mostly decreasing
The 'Seven Sisters' were
a group of American and British companies controlling 85% of the world's petroleum reserves
Click on the Bloomberg terminal screen to examine refining margins for US Mid-Continent
Topping refineries. What is the overall margin trend across all crude oil grades?
it is mostly declining