Test Your Treasury IQ!

12345678910111213141516171819202122
Across
  1. 3. When a contract ceases to exist
  2. 4. Price you pay for buying option
  3. 6. First reaction to price movement
  4. 9. Same asset, different prices, instant gain
  5. 12. Not at a salon, but reduces value
  6. 14. Value depends on something else
  7. 15. How much you stand to lose
  8. 16. Speed of delta’s change
  9. 17. Guardian of financial assets
  10. 19. Market’s mood swings measured
  11. 21. Funds sent across borders by individuals
  12. 22. Where promises turn into payments
Down
  1. 1. Profit-seeking with risk exposure
  2. 2. Small capital, large exposure
  3. 5. Skin in the game for traders
  4. 7. Yardstick for performance
  5. 8. Customized deal, not exchange-traded
  6. 10. Safety net for lenders
  7. 11. Insurance without an insurance company
  8. 13. How quickly you can exit a position
  9. 18. Standardized contracts traded on exchanges
  10. 20. Right without obligation in a contract