n NISM Certifications
XIII NISM Series XIII
Medium

A future contract ______.

Practice question from NISM Series XIII for SIF - Mock Test 11 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Can be traded on a one-to-one basis by counterparties

  2. B

    Will never have a specified maturity

  3. Can be squared off any time before expiry

    Correct answer

  4. D

    Cannot be squared off before expiry

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

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