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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Physics
1.2K views

Q6). A coil with 5 windings or turns, and an area of 0.0679m2 rotates in a uniform...

Physics
1.2K views

Two metal spheres of identical mass m = 3.60 g are suspended by light strings 0.500...

Physics
1.2K views

ring of radius R carries a charge q unimly distributed over it A long thin...

Physics
1.2K views

X X X X X X X X X X X RX X X X...

Basic Math
1.2K views

Find polynomials that represent a the area and b the perimeter of the rectangle 5x...

Algebra
1.2K views

What pair of factors should be used to find the complex solutions for x?16x +...

Algebra
1.2K views

Consider the function f(x)=1/3(3-x) (9) - 3(a) Determine the roots of the function.(b) Determine...

Accounting
1.2K views

Lacrue Incorporated has provided the following data concerning one of the...

Accounting
1.2K views

Problem 6-66A Recording Sale and Purchase Transactions Alpharack Company sells a line of tennis equipment...

Accounting
1.2K views

What does the federal wiretapping law permit? What does it prohibit?

Accounting
1.2K views

The so called bonus-malus premium calculation principle is widely spread in car insurance practice. There...

Accounting
1.2K views

please help. thank you The Sky Blue Corporation has the following adjusted...