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Who Assumes the Other Side of Every Futures Transaction

question 4

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Who assumes the other side of every futures transaction?


Definitions:

Mexican Treasury

Refers to the governmental department responsible for issuing Mexican government securities, including bonds and treasury bills.

Spot Exchange Rate

The current market price for immediate exchange of currencies.

British Securities

Financial instruments issued in the United Kingdom, including stocks, bonds, and other investment vehicles.

Total Return

The overall financial gain or loss on an investment, including both capital appreciation and income received.

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