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:

Complete Abstinence

The act of entirely refraining from using or consuming a particular substance or engaging in a specific behavior.

Controlled Drinking

A harm reduction approach that involves managing one's alcohol intake to minimize its harmful effects rather than abstaining completely.

Abstinence-Oriented Programs

Programs focused on encouraging individuals to completely refrain from using addictive substances or engaging in harmful behaviors.

Normal Drinking

The consumption of alcohol in a manner considered socially or medically acceptable, without leading to impairment or addiction.