Which of the Following Is Not True Regarding Futures Contracts

question 86

Multiple Choice

Which of the following is not true regarding futures contracts?

• A) Unlike forward contracts, they are generally traded on an exchange.
• B) Futures contracts are standardized with respect to delivery date and size of the contract.
• C) There is an active over-the-counter market for currency futures contracts.
• D) Currency futures can be used by speculators who attempt to profit from exchange rate movements.

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Definitions:

Latitude And Altitude

Geographical parameters where latitude refers to a location's distance north or south of the equator, and altitude refers to the height of a point relative to sea level.

Deserts

Vast, arid regions characterized by minimal rainfall, extreme temperatures, and sparse vegetation.

Latitude

A geographic coordinate that specifies the north-south position of a point on the Earth's surface, measured in degrees from the equator.

Light Intensity

A measure of the amount of light per unit area, affecting photosynthesis in plants and visibility in environments.