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Basic Question 10 of 11
Futures contracts differ from forward contracts in which of the following ways?
II. Futures contracts require a daily settling of any gains or losses.
III. Futures contracts are standardized.
I. Performance of each party in a futures transaction is guaranteed by a clearinghouse.
II. Futures contracts require a daily settling of any gains or losses.
III. Futures contracts are standardized.
User Contributed Comments 1
| User | Comment |
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| johntan1979 | Nice summary |
I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
define forward contracts, futures contracts, swaps, options (calls and puts), and credit derivatives and compare their basic characteristics
CFA® 2025 Level I Curriculum, Volume 5, Module 2.