A futures market is:
A) a dealer market in which securities that are not sold on one of the organised exchanges are traded.
B) an over-the-counter market in which people trade contracts for future delivery of securities,commodities or the value of securities sold in the spot market.
C) an organised market in which people trade contracts for future delivery of securities,commodities or the value of securities sold in the spot market.
D) a dealer market for contracts to buy (or sell) a particular type of security or commodity from (or to) the futures exchange during a predetermined future time period.
Correct Answer:
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