Which of the following is NOT true regarding the futures exchanges?
A) They provide an organized marketplace where standardized futures contracts can be traded.
B) They facilitate the trading of specialized futures contracts that are tailored to the preferences of the parties involved.
C) They facilitate the trading process by clearing, settling, and guaranteeing all transactions.
D) They are regulated by the Commodity Futures Trading Commission (CFTC) .
E) All of these are correct.
Correct Answer:
Verified
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