Question: 2. What are the differences among a spot contract, a forward contract, and a futures contract? 4. What is the purpose of requiring a margin
2. What are the differences among a spot contract, a forward contract, and a futures contract?
4. What is the purpose of requiring a margin on a futures or option transaction? What is the difference between an initial margin and a maintenance margin?
8. What is an option? How does an option differ from a forward or futures contract?
13. What factors affect the value of an option?
15. What is a swap?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
