The Major Difference Between Currency Futures and Forward Contracts Is

question 61

True/False

The major difference between currency futures and forward contracts is that futures contracts are standardized for ease of trading on an exchange market whereas forward contracts are specialized and tailored to meet the needs of clients.

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Definitions:

Electrons

Subatomic particles with a negative electric charge, found in all atoms and playing a key role in chemical reactions and electricity.

Orbitals

Mathematical functions that describe the regions around an atomic nucleus where an electron is likely to be found, each with its own energy level and shape.

P Orbitals

A set of three degenerate atomic orbitals, each having a dumbbell shape, oriented along the x, y, and z axes, representing regions where electrons can be found.

Single Bond

A chemical bond between two atoms involving two electrons (one from each atom) forming a pair, sharing a single pair of electrons.