A ______ futures contract is a futures contract on an intangible asset such as a stock index.
A) financial
B) real
C) commodity
D) asset backed
E) limit

Question

Quizplus · Accepted Answer

Financial futures contract is a futures contract on a financial asset such as a stock index, bond, or currency. Real futures contracts are on physical assets such as agricultural products or energy commodities. Commodity futures contracts are also on physical assets such as metals, energy, or food products. Asset-backed futures contracts are on securities backed by underlying assets such as mortgages or loans. Limit is not a type of futures contract.

A ______ Futures Contract Is a Futures Contract on an Intangible