CFA Practice Question

There are 206 practice questions for this study session.

CFA Practice Question

Futures contracts differ from forward contracts in which of the following ways?

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.
Correct Answer: I, II and III

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johntan1979 Nice summary
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