Question: Question 1 4 0 . 4 points The major difference between currency futures contracts and forward contracts is that a . forward contracts are standardized
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The major difference between currency futures contracts and forward contracts is that
a forward contracts are standardized for ease of trading on an exchange market whereas futures contracts are specialized and tailored to meet the needs of clients.
b forward contracts provide the right but not obligation to exchange currencies whereas futures contracts require an exchange.
futures contracts provide the right but not obligation to exchange currencies whereas forward contracts require an exchange.
d futures contracts are standardized for ease of trading on an exchange market whereas forward contracts are specialized and tailored to meet the needs of clients.
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