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Basic Question 12 of 18
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.
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I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
describe classifications of assets and markets
describe the major types of securities, currencies, contracts, commodities, and real assets that trade in organized markets, including their distinguishing characteristics and major subtypes
CFA® 2024 Level I Curriculum, Volume 3, Module 1.