Why are most futures positions closed out through a reversing trade rather than held to delivery?

Question:

Why are most futures positions closed out through a reversing trade rather than held to delivery?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

International Financial Management

ISBN: 978-0078034657

6th Edition

Authors: Cheol S. Eun, Bruce G.Resnick

Question Posted: