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Which of the Below Statements Is FALSE

Question 59

Multiple Choice

Which of the below statements is FALSE?


A) Futures options are options to enter into foreign-exchange futures contracts.
B) Only options on the major currencies are traded in the over-the-counter market.
C) In addition to the organized exchanges, an over-the-counter market exists for options on currencies.
D) In the case of currency options, the underlying is the foreign currency specified by the option contract.

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