Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following statements are not associated with Futures, except: l. Futures are standardised contracts meaning that the government establishes the format of futures contract to
The following statements are not associated with Futures, except: l. Futures are standardised contracts meaning that the government establishes the format of futures contract to be traded between parties over-the-counter II. "Exchange-traded" is one of characteristics of a futures contract IlI. In the futures market the investor should carry out a transaction opposite to one to be conducted in the physical market in a future date IV. In future the transactions should be repeated in order to maintain the conditions of a zero-sum game V. Clearing house marks-to-market futures contracts in order to anticipate future market valuations; VI. Maintenance Margin Calls are used to top up the initial margin to ensure the future ability of the party to futures contract to perform its obligations Select one a. Only Il and VI b. Only II c. Only I and Il d. Only VI e. Only II and V f. Only II, V and VI g. Only II and IV h. Only II, III and IV
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started