n NISM Certifications
VIII NISM Series VIII
Medium

A Forward Contract ______.

Practice question from NISM Series VIII - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Is negotiated between two parties with customizable terms

    Correct answer

  2. B

    Is always standardized

  3. C

    Cannot be canceled once entered

  4. D

    Is settled daily via mark-to-market

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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