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September 11th KB Financial Quiz Answer! 'Thursday' Afternoon, The 'Quadruple Witching Day' of the Stock Market? (Tip)
Having a tough Thursday afternoon? Hope you're hanging in there! Today's KB Star Banking quiz stimulated our intellectual curiosity with an interesting financial concept: 'Quadruple Witching Day'. Check the answers and get smarter together!
✅ September 11th KB Financial Quiz Answer
🏦 KB Star Banking Star Quiz - ⭐Today's Financial Tip!⭐
What do you call the highly volatile day in the stock market when the expiration dates of four types of derivative products coincide, causing stock prices to fluctuate wildly?
Q. What do you call the day when the expiration dates of four types of derivative products coincide, causing great volatility in the stock market?
Answer: Quadruple Witching Day
It was 'Quadruple Witching Day', a term all stock investors should know!
💳 KB Pay Today's Quiz
K Bank's dining expense support event is open to anyone aged 14 and over! How much will be given to a total of 100 lucky winners through a draw?
Q. ...Apply now and a total of 100 winners will be drawn to receive ○○ hundred thousand KRW.
Answer: 30
K Bank is giving away 300,000 KRW in dining expense support to 100 lucky winners! Good luck!
Wait! What is 'Quadruple Witching Day'?
'Quadruple Witching Day', the answer to today's quiz, is too interesting to just pass by!
'Quadruple Witching Day' refers to the day when the expiration dates of four types of derivative products—stock index futures, stock index options, individual stock options, and individual stock futures—coincide. It occurs on the second Thursday of March, June, September, and December. It's called this because the stock market shows large volatility, as if witches are playing tricks, making it unpredictable. It's a day stock investors should definitely remember!
Did you earn plenty of points and useful financial knowledge with today's quiz answers? Have an active rest of your day, and see you tomorrow! Finally, it's Friday!
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