- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Investments
- Learning Module 1. Market Organization and Structure
- Subject 2. Assets and Contracts
CFA Practice Question
Futures contracts differ from forward contracts in which of the following ways?
II. Futures contracts require a daily settling of any gains or loses.
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 loses.
III. Futures contracts are standardized.
Correct Answer: I, II and III.
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