n NISM Certifications
NSM General NISM
Medium

__________ is traded both in OTC and exchange markets.

Practice question from NISM Series IV - Mock Test 2 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Swap

  2. B

    Futures

  3. C

    Forwards

  4. None of the above

    Correct answer

Why this is the answer

Swaps and forwards are OTC; futures are exchange-traded.

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