Futures contracts are traded on organized exchanges that standardize the size of the contract, the grade of
Question:
Futures contracts are traded on organized exchanges that standardize the size of the contract, the grade of the deliverable asset, the delivery date, and the delivery location. Traders negotiate only over the contract price. This standardization increases liquidity and means that buyers and sellers can easily find many traders for a desired purchase or sale. P-636
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
ISE Investments
ISBN: 9781266085963
13th International Edition
Authors: Zvi Bodie, Alex Kane, Alan Marcus
Question Posted: