Risk bingo

Exercise and reference answers

Clues and terms

1. Clue

   Cuts an exposure.

   Item

   Hedging

2. Clue

   Bets on an outcome.

   Item

   Speculating

3. Clue

   Buys its own supplier.

   Item

   Integration

4. Clue

   Standard, exchange run.

   Item

   Futures

5. Clue

   Private and tailored.

   Item

   Forward

6. Clue

   Collateral posted.

   Item

   Margin

7. Clue

   Right, not duty.

   Item

   Option

8. Clue

   Price in the contract.

   Item

   Strike price

9. Clue

   Paid to the writer.

   Item

   Premium

Instructions

Read each clue and tap the term it describes.

Explanation