Question: One of the most basic difference(s) between currency forward and futures contracts is (are) that Select one O a futures contracts have no daily limits

One of the most basic difference(s) between currency forward and futures contracts is (are) that Select one O a futures contracts have no daily limits on price fluctuations whereas forward contracts have a daily limit on price fluctuations b forward contracts have more credit risk than futures contracts forward contracts are negotiated with an organized exchange whereas futures contracts are bought and sold from banks d futures contracts are individually tailored while forward contracts are standardized
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
