1 Explain each of the following: (a) the role of a clearing house in a futures market;...
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1 Explain each of the following:
(a) the role of a clearing house in a futures market;
(b) the potential advantages and risks of trading on margin in futures markets;
(c) contango;
(d) normal backwardation.
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Related Book For 
The Economics Of Money Banking And Finance
ISBN: 9780273710394
4th Edition
Authors: Peter Howells, Keith Bain
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