In a futures contract, the role of novation is played by the a. Broker b. Stock exchange
Question:
In a futures contract, the role of novation is played by the
a. Broker
b. Stock exchange
c. Buyer
d. Seller
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Accounting For Investments Equities Futures And Options Volume 1
ISBN: 9780470824313
1st Edition
Authors: R. Venkata Subramani
Question Posted: