When Australian Financial Futures Still in Existence at Trading Close

question 82

Multiple Choice

When Australian financial futures still in existence at trading close are settled with the clearing house,final settlement in the form of standard delivery means:

• A) the contract is settled in cash.
• B) the contract is settled by delivery of actual underlying financial asset.
• C) the contract is closed out by delivery of the opposite contract.
• D) the contract is settled by the sum of the initial margin and the variation margin.

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