Characteristics of futures contracts include
I.traded on an exchange
II.settled on maturity date
III.initial margin and maintenance margin required
IV.standardized contracts
A)I, II, III, IV
B)II, III, IV
C)I, III, IV

Question

Quizplus · Accepted Answer

Futures contracts are traded on an exchange, require initial and maintenance margins, and are standardized. They are typically marked to market daily, not just settled on the maturity date.

Characteristics of Futures Contracts Include