Question: The main difference between a futures contract and a forward contract is that futures contracts are standardized and a third party ensures that both parties

The main difference between a futures contract and a forward contract is that futures contracts are standardized and a third party ensures that both parties honor the contracts, whereas the forward contract is only between two parties, and there no third-party guaranteeing that the parties will honor the contract

true or false

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!