data = 
[
  {
    "moduleName": "Exchange for physical (EFP) Quiz",
    "questions": [
      {
        "question": "Which of the following physical commodities may be exchanged for electricity futures and options:",
        "feedback": "All of the above are accepted physical commodities under ASX 24 Operating Rule Procedure 4800.2.",
        "correctAnswer": "4",
        "questionType": "single",
        "answers": [
          {
            "optionId": 1,
            "optionText": "A. OTC swaps against electricity futures and/or futures options"
          },
          {
            "optionId": 2,
            "optionText": "B. OTC caps against electricity futures and/or futures options"
          },
          {
            "optionId": 3,
            "optionText": "C. OTC options against electricity futures and/or futures options"
          },
          {
            "optionId":4,
            "optionText":"D. All of the above"
          }
        ]
      },
      {
        "question": "EFPs must contain a physical component where the physical commodity or instrument is:",
        "feedback": "Under ASX 24 Operating Rules, EFPs must contain a physical component where the commodity or instrument is of a similar value or quantity to the futures or options being traded and be reasonably correlated with the futures or options contract.",
        "correctAnswer": "2",
        "questionType": "single",
        "answers": [
          {
            "optionId": 1,
            "optionText": "A. Of lesser value than the futures or options contract being traded"
          },
          {
            "optionId": 2,
            "optionText": "B. Of similar value to the futures or options contract being traded"
          },
          {
            "optionId": 3,
            "optionText": "C. Of greater value than the futures or options contract being traded"
          },
          {
            "optionId":4,
            "optionText":"D. Unrelated to the futures or options contract being traded"
          }
        ]
      },
      {
        "question": "Which of the following types of futures contracts CANNOT be traded as part of an EFP transaction on the ASX 24 market:",
        "feedback": "Cattle futures and options contracts are not prescribed contracts under ASX 24 Operating Rule Procedure 4800.2",
        "correctAnswer": "4",
        "questionType": "single",
        "answers": [
          {
            "optionId": 1,
            "optionText": "A. Interest Rate futures and options contracts"
          },
          {
            "optionId": 2,
            "optionText": "B. Grain futures and options contracts"
          },
          {
            "optionId": 3,
            "optionText": "C. Energy futures and options contracts"
          },
          {
            "optionId":4,
            "optionText":"D. Cattle futures and options contracts"
          }
        ]
      },
      {
        "question": "There must only be______________ involved with an EFP transaction. Please fill in the blank:",
        "feedback": "Under ASX 24 Operating Rule Procedure 4800.1, there must only be two parties involved with an EFP transaction – the buyer of the physical commodity or instrument must also be the seller of the futures contract and the seller of the physical commodity or instrument must be the buyer of the futures contract.",
        "correctAnswer": "2",
        "questionType": "single",
        "answers": [
          {
            "optionId": 1,
            "optionText": "A. One  party"
          },
          {
            "optionId": 2,
            "optionText": "B. Two parties"
          },
          {
            "optionId": 3,
            "optionText": "C. One Trading Participant"
          },
          {
            "optionId":4,
            "optionText":"D. Two Trading participants"
          }
        ]
      },
      {
        "question": "Belinda is a trader with a Broker who is an ASX 24 Trading Participant.<br>She is approached by a client who wants to negotiate an EFP transaction that involves two different types of electricity futures contracts in exchange for an Over-the-Counter physical component.<br>Is this transaction permissible under ASX 24 Procedure 4800.3?",
        "feedback": "Under ASX 24 Operating Rule Procedure 4800.3, an EFP transaction may involve more than one type of futures contract or physical component.",
        "correctAnswer": "3",
        "questionType": "single",
        "answers": [
          {
            "optionId": 1,
            "optionText": "A. No, an EFP may contain only one type of futures contract in exchange for a single physical component."
          },
          {
            "optionId": 2,
            "optionText": "B. No, an EFP may involve more than one type of physical component, but only one type of futures contract."
          },
          {
            "optionId": 3,
            "optionText": "C. Yes, an EFP transaction may involve more than one type of futures contract or physical component."
          },
          {
            "optionId":4,
            "optionText": "D. Yes, however, Belinda must request approval from the Exchange."
          }
        ]
      },
      {
        "question": "EFPs presented for registration after ________ will be processed on the next business day. Please fill in the blank:",
        "feedback": "Under ASX 24 Operating Rule Procedure 4800.5, EFPs presented for registration after 5:30pm will be processed on the next business day.",
        "correctAnswer": "4",
        "questionType": "single",
        "answers": [
          {
            "optionId": 1,
            "optionText": "A. 3:00pm"
          },
          {
            "optionId": 2,
            "optionText": "B. 4:00pm"
          },
          {
            "optionId": 3,
            "optionText": "C. 4:30pm"
          },
          {
            "optionId":4,
            "optionText":"D. 5:30pm"
          }
        ]
      },
      {
        "question": "If an EFP is agreed between 7:00am and 4:30pm, the EFP registration form must be lodged with the Market Operator:",
        "feedback": "Under ASX 24 Operating Rule Procedure 4800.5, the EFP registration form must be lodged with the Market Operator within 30 minutes for the seller and within 60 minutes for the buyer.",
        "correctAnswer": "2",
        "questionType": "single",
        "answers": [
          {
            "optionId": 1,
            "optionText": "A. Within 30 minutes for the seller and within 30 minutes for the buyer"
          },
          {
            "optionId": 2,
            "optionText": "B. Within 30 minutes for the seller and within 60 minutes for the buyer"
          },
          {
            "optionId": 3,
            "optionText": "C. Within 60 minutes for the seller and within 30 minutes for the buyer"
          },
          {
            "optionId":4,
            "optionText":"D. Within 60 minutes for the seller and within 60 minutes for the buyer"
          }
        ]
      },
      {
        "question": "Amanda is a trader at a Broker who is, an ASX 24 Trading Participant. In accordance with ASX 24 Procedure 4800, she registered an EFP transaction with the Market Operator at 11:00am. At 2:00pm on the same day, Amanda realises that she reported incorrect details when registering the EFP transaction.<br>The correct way to rectify this error is to:",
        "feedback": "Under ASX 24 Operating Rule Procedure 4800.9, an EFP transaction may be submitted for cancellation at any time up to the end of the Business Day on which registration and acceptance of the transaction took place.",
        "correctAnswer": "2",
        "questionType": "single",
        "answers": [
          {
            "optionId": 1,
            "optionText": "A. Send a message to the Market Operator and the Market via the Message Facility communicating the amendment"
          },
          {
            "optionId": 2,
            "optionText": "B. Cancel the original EFP transaction using the ASX TradeAccept platform and submit a new EFP transaction with the correct details as it is still the Day of Registration"
          },
          {
            "optionId": 3,
            "optionText": "C. Wait until Day 2 and then re-submit the correct EFP transaction before 9:00am"
          },
          {
            "optionId":4,
            "optionText":"D. There is no provision under ASX 24 Procedure 4800 for the cancellation of EFP transactions"
          }
        ]
      },
      {
        "question": "Jonathan is a trader with a Broker who is, an ASX 24 Trading Participant, and has successfully negotiated an EFP transaction between two of his clients. On the following day, Jonathan realises that he reported incorrect details when registering the EFP transaction.<br>The correct way to rectify this error is to:",
        "feedback": "Under ASX 24 Operating Rule Procedure 4800.10, where there has been an error in the details of an EFP transaction submitted for registration, a Trading Participant may submit that transaction for cancellation at any time up to the end of the Business Day after the registration and acceptance of that transaction, provided it submits at the same time a replacement EFP transaction with the correct details for registration.",
        "correctAnswer": "2",
        "questionType": "single",
        "answers": [
          {
            "optionId": 1,
            "optionText": "A. Cancel the EFP transaction as it is still the Day of Registration"
          },
          {
            "optionId": 2,
            "optionText": "B. Cancel the original EFP transaction and submit a replacement EFP transaction with the correct details via the ASX TradeAccept Platform"
          },
          {
            "optionId": 3,
            "optionText": "C. Wait until the following day and then re-submit the correct EFP transaction before 9:00am"
          },
          {
            "optionId":4,
            "optionText":"D. There is no provision under ASX 24 Procedure 4800 for the replacement of EFP transactions"
          }
        ]
      },
      {
        "question": "The Market Operator will publish information to Trading Participants in respect of all EFP transactions. Which of the following will <b>NOT</b> be published by the Exchange, with respect to EFP transactions:",
        "feedback": "Under ASX 24 Operating Rule Procedure 4800.11, the Market Operator publishes to Trading Participants upon receipt of each EFP transaction only the commodity, quantity, time and price of the Exchange for Physical transaction.",
        "correctAnswer": "4",
        "questionType": "single",
        "answers": [
          {
            "optionId": 1,
            "optionText": "A. Name of the client"
          },
          {
            "optionId": 2,
            "optionText": "B. Name of the Trading Participant/s"
          },
          {
            "optionId": 3,
            "optionText": "C. Name of the Clearing Participant/s"
          },
          {
            "optionId":4,
            "optionText":"D. All of the above."
          }
        ]
      }
    ]
  }
]