Questions
Single choice
Which statements are true of forward markets for foreign exchange? 题目解析
Options
A.Positions are marked to market to determine margin obligations.
B.Risk is lessened because a trader's counterparty is an exchange.
C.Their contracts are not standardized.
D.They are an informal network of banks and brokers.
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Step-by-Step Analysis
The question asks which statements are true of forward markets for foreign exchange.
Option 1: 'Positions are marked to market to determine margin obligations.' In FX forwards, contracts are typically OTC and not marked to market daily; margining is not a standard fea......Login to view full explanationLog in for full answers
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