Which is true about Futures contracts? a. is not traded on an organized exchange and is customized to meet the needs of the parties. b. is not traded on an organized exchange and is subject to formal regulations which results in standardized contrasts. c. is traded on an organized exchange and is subject to formal regulations which results in standardized contrasts. d. is traded on an organized exchange and is customized to meet the needs of the parties.
Which is true about Futures contracts? a. is not traded on an organized exchange and is customized to meet the needs of the parties. b. is not traded on an organized exchange and is subject to formal regulations which results in standardized contrasts. c. is traded on an organized exchange and is subject to formal regulations which results in standardized contrasts. d. is traded on an organized exchange and is customized to meet the needs of the parties.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Which is true about Futures contracts?
|
a. |
is not traded on an organized exchange and is customized to meet the needs of the parties. |
|
b. |
is not traded on an organized exchange and is subject to formal regulations which results in standardized contrasts. |
|
c. |
is traded on an organized exchange and is subject to formal regulations which results in standardized contrasts. |
|
d. |
is traded on an organized exchange and is customized to meet the needs of the parties. |
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