【简答题】5. Which of the following is NOT a difference between a currency futures contract and a forward contract?A. The counterparty to
the futures participant is unknown with the clearinghouse stepping into...
【单选题】Which of the following is NOT a difference between a currency futures contract and a forward contract?
A.
The futures contract is marked to market daily whereas the forward contract is only due to be settled at maturity.
B.
The counterparty to the futures participant is unknown with the clearinghouse stepping into each transaction whereas the forward contract participants are in direct contact setting the forward specifications.
C.
A single sales commission covers both the purchase and sale of a futures contract whereas there is no specific sales commission with a forward contract because banks earn a profit through the bid-ask spread.
【单选题】Which of the following is NOT a difference between a currency futures contract and a forward contract?
A.
The counterparty to the futures participant is unknown with the clearinghouse stepping into each transaction whereas the forward contract participants are in direct contact setting the forward specifications
B.
A single sales commission covers both the purchase and sale of a futures contract whereas there is no specific sales commission with a forward contract because banks earn a profit through the bid-ask spread
C.
The futures contract is marked to market daily whereas a forward contract is only due to be settled at maturity
D.
All of the above are differences between a currency futures contract and a forward contract
【简答题】Comparing "forward" and "futures" exchange contracts, we can say thatA. they are both "marked-to-market" daily. B. their major difference is in the way the underlying asset is priced for future purcha...
【简答题】Comparing “forward” and “futures” exchange contracts, we can say that:A. They are both “marked-to-market” daily. B. Their major difference is in the way the underlying asset is priced for future purc...