In What Ways Do Futures Contracts Differ from Forward Contracts

question 50

Essay

In what ways do futures contracts differ from forward contracts?

Understand the concept of risk management in personal investment planning.

Identify the roles and responsibilities outlined in the governance section of an IPS.

Comprehend the principle of duration matching in investment management.

Understand the difference between defined benefit and defined contribution plans including the risk bearing party.

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Definitions:

Craft Union

A labor union representing workers who are skilled in a specific craft or trade.

Industrial Union

A labor union organizing method where all workers in the same industry, regardless of job function, are organized into a single union.

Apprenticeships

Structured training programs that combine on-the-job training with classroom instruction for a particular occupation.