Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. which of the following statements is true about fo

Which of the following statements is true about foreign exchange futures contracts?) A trader of...

90.2K

Verified Solution

Question

Finance

Which of the following statements is true about foreign exchange futures contracts?) A trader of foreign exchange futures contracts will receive margin call when the balance of the margin account falls below the initial margirBecause foreign exchange futures contracts have signifcant counter-party default risk, dealers of such contracts will charge a bid-ask spread for making the futures market) Foreign exchange futures contracts are customized contracts traded over the counter between big companies and commercial banksD None of the given statements is trueOpen position in a foreign exchange futures contract cannot be closed before the expiration date of the contract

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

PLEASE TYPE!! Think about where you have noticed circles in your everyday life and find at least...

Basic Math
Q

PLEASE DO BY HAND AND NOT EXCEL 1.A car dealer believes that average daily sales for...

Basic Math
Q

An important application of regression analysis in accounting is in the estimation of cost. By collecting...

Statistics
Q

25.00 mL 0.100 M CH3NH2 is titrated with 0.100 M HCl. Calculate the pH of this...

Chemistry
Q

Consider the titration of a 26.0?mL sample of 0.175M CH3NH2 with 0.155M HBr . Determine each...

Chemistry
Q

An investment analyst prepares the following distribution of the prices of two equity stocks, A and...

Statistics
Q

Evaluate S sinh 10x dx sinh 10x dx

Calculus
Q

Given the matrices below and that A LU solve Ax b A L X 1...

Algebra
Q

Game World, Inc. has the following information available for October 2020. Unit selling price of...

Accounting
Q

Country Risk Definition: Country risk refers to the potential economic, political, and financial uncertainties that...

Accounting
Q

Requirements 1. Journalize the transactions that occurred in May. No explanations are necessary. 2. Using...

Accounting
Q

The Bradford Company issued 12% bonds, dated January 1 , with a face amount of...

Accounting