The opportunity to lock in the invoice price and purchase the deliverable Treasury bond later is called
A)bond insurance
B)program trading
C)the wild card
D)delivery arbitrage
E)none of the above

Question

Quizplus · Accepted Answer

The "wild card" option in futures trading allows the holder the opportunity to lock in the invoice price and decide later to purchase the deliverable Treasury bond, providing flexibility and potential for profit based on market movements.

The Opportunity to Lock in the Invoice Price and Purchase