7.15) Which three statements regarding organized currency exchanges like the CME are true? A Currency exchanges like the CME have high transparency in pricing due to the open trade between participants. B Currency exchanges like the CME have high flexibility in terms of contract specifications for the derivatives traded. C Currency exchanges like the CME offer low transaction costs for participants. D Currency exchanges like the CME are difficult for regulators to monitor and have become under pressure from governments after the financial crisis. E Because of the anonymity of trades on currency exchanges like the CME, counter party risks are much higher than in the OTC market. F To a certain degree, speculators are important to stabilize supply and demand on currency ex-changes like the CME.

Please elaborate and explain.