Forward contracts _________ traded on an organised exchange,and futures contracts __________ traded on an organised exchange.
A)are;are
B)are;are not
C)are not;are
D)are not;are not

Question

Quizplus · Accepted Answer

Forward contracts are generally traded in over-the-counter (OTC)markets in which contracts are privately negotiated and specifically tailored to customer needs.Future contracts are highly standardised and traded on an organised exchange.

Forward Contracts _________ Traded on an Organised Exchange,and Futures Contracts