Foreign Exchange Futures markets are __________ and the Foreign Exchange Forward markets are __________.
A)informal; formal
B)formal; formal
C)formal; informal
D)informal; informal
E)organized; unorganized

Question

Quizplus · Accepted Answer

Foreign Exchange Futures markets are formal and standardized, whereas Foreign Exchange Forward markets are informal and customized to meet the needs of individual parties.

Foreign Exchange Futures Markets Are __________ and the Foreign Exchange