Currency futures contracts differ from forward contracts in that they
A)are an obligation.
B)are not an obligation.
C)are standardized.
D)can specify any amount and maturity date.

Question

Currency futures contracts differ from forward contracts in that they ​
A)are an obligation.
B)are not an obligation.
C)are standardized.
D)can specify any amount and maturity date.

Quizplus · Accepted Answer

Currency futures contracts are standardized in terms of contract sizes and maturity dates, unlike forward contracts which can be customized.

Currency Futures Contracts Differ from Forward Contracts in That They