n NISM Certifications
XIII NISM Series XIII
Medium

Which of these derivative contracts cannot be usually closed or reversed till their expiry?

Practice question from NISM Series XIII for SIF - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Future contracts

  2. Forward contracts

    Correct answer

  3. C

    Exchange traded options

  4. D

    Exchange traded options on futures

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

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