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Commerce · Q414

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 414

Q414

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
Answer
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

Solution

Answer: Option C
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