Multiple Choice
A futures contract
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.
Correct Answer:
Verified
Correct Answer:
Verified
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