ICMA Exam FMFC Topic 2 Question 13 Discussion

Actual exam question for ICMA's FMFC exam

Question #: 13
Topic #: 2

Which of the following factors is true of forward contracts but not of futures contracts?

AThey are a means of fixing forward rates

BThey are flexible in terms of maturity rate

CThe deals are bilateral OTC contracts

DThey can be either bought or sold by market participants

Show Suggested Answer

Suggested Answer: C

by Kirk at May 26, 2022, 02:04 PM

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