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Which of the Following About Futures Contracts Is Incorrect

Question 18

Multiple Choice

Which of the following about futures contracts is incorrect?


A) Futures contracts are exchange-traded financial instruments.
B) The futures exchanges offer standardised futures contracts.
C) The interest rate futures contracts, the FRA are traded on the larger exchanges.
D) The standard features of futures contracts include the underlying physical asset, the amount traded, how quoted and how the contracts is settled.

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