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3I0-012 · Question #380

The major difference between FRAs and futures is that FRAs are:

The correct answer is D. Dealtoverthe counter. See the full explanation below for the reasoning.

Question

The major difference between FRAs and futures is that FRAs are:

Options

  • AExchange-traded
  • BMargined
  • CStandardized
  • DDealtoverthe counter

How the community answered

(47 responses)
  • A
    2% (1)
  • B
    4% (2)
  • C
    11% (5)
  • D
    83% (39)

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