Despite the fact that forward contracts carry more credit risk than futures contracts, forward contracts offer what primary advantage over futures contracts?$$

Question $38$ options:

a$)$

$$the over$-$the$-$counter forward market is a highly regulated market

b$)$

$$conditions of the forward contract, such as delivery date and location, cannot be altered

c$)$

$$transaction information between the two parties involved in the forward contract is readily available to the public

d$)$

$$forward contracts prevent the writer from assuming the credit risk of the buyer

e$)$

$$terms and conditions are tailored to the specific needs of the two parties involved