When the stock futures are sold and it results in physical settlement, then the physical shares should
Question:
When the stock futures are sold and it results in physical settlement, then the physical shares should be delivered by the investor to
a. The broker
b. The exchange
c. The buyer
d. The custodian of the buyer
e. Any individual who is authorized by the buyer to receive the shares
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Related Book For 
Accounting For Investments Equities Futures And Options Volume 1
ISBN: 9780470824313
1st Edition
Authors: R. Venkata Subramani
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