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A Futures Contract Is an Agreement Between a Trader and the Clearinghouse

question 80

True/False

A futures contract is an agreement between a trader and the clearinghouse of the exchange for delivery of an asset in the future.


Definitions:

Health and Safety Training

Training programs focused on teaching employees about workplace safety procedures and how to prevent accidents and injuries.

Safety Performance

The track record or effectiveness of safety measures and protocols within an organization, site, or operation.

Ethical Programs

Initiatives designed to foster ethical standards and practices within an organization.

Trust

The reliance on the integrity, strength, ability, or surety of a person or thing; confidence.

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