Futures contracts are typically ____; forward contracts are typically ____.

Name: Futures contracts are typically ____; forward contracts are typically ____.
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Question

​Futures contracts are typically ____; forward contracts are typically ____.

Quizplus · Accepted Answer

Futures contracts are typically sold on an exchange, while forward contracts are typically sold in an over-the-counter market. This is because futures contracts are standardized and traded on organized exchanges, while forward contracts are customized agreements between two parties and are not traded on an exchange.

​Futures Contracts Are Typically ____; Forward Contracts Are Typically ____

Futures Contracts Are Typically ; Forward Contracts Are Typically