In a futures contract the futures price is
A)determined by the buyer and the seller when the delivery of the commodity takes place.
B)determined by the futures exchange.
C)determined by the buyer and the seller when they initiate the contract.
D)determined independently by the provider of the underlying asset.
E)None of the options

Question

Quizplus · Accepted Answer

The futures exchanges specify all the terms of the contracts except price; as a result, the traders bargain over the futures price.

In a Futures Contract the Futures Price Is