The delivery procedures for a futures contract are set by:
A) the exchange the futures is traded on.
B) the buyer.
C) the seller.
D) the Bank of Canada.
E) an agreement between buyers and sellers.

Question

Quizplus · Accepted Answer

The delivery procedures for a futures contract are standardized and set by the exchange on which the futures are traded. This ensures that all parties involved are following the same rules and procedures. The buyer and seller must adhere to these delivery procedures to fulfill their obligations under the contract.

The Delivery Procedures for a Futures Contract Are Set By