Examveda
Examveda

Is there any difference between currency forwards and futures markets?

A. No, both deal with future delivery of foreign exchange

B. No, both markets can be availed of through the internet

C. Yes, only a limited number of currencies are traded in the futures market and that also in standardized amounts

D. No, if one agrees on the date of delivery and brokerage, it is immaterial which of the markets one is talking of

Answer: Option C


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