Kizspy | Question: 29
(Choose 1 answer)
Which of the following statements accurately contrasts forward contracts with futures contracts?
A. Forward contracts are exchange-traded, while futures contracts are tailor-made for clients by international
banks
B. Forward contracts have standardized features, while futures contracts are customized for clients by
brokers
C. Forward contracts are traded on organized exchanges, while futures contracts are traded over the counter
D. Forward contracts require a specified amount of foreign currency, while futures contracts have
standardized features and specific delivery months
