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Question # 42

Which statement about futures vs. forwards is TRUE?

Options:

A.

Futures are customized, forwards are standardized

B.

Futures are standardized, forwards are OTC contracts

C.

Both are cleared by the exchange

D.

Forwards require daily marking-to-market

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Series 3 License Overview

Name Series 3 License
Code Series 3 License
Vendor Finance, Insurance and Real Est
Certification Financial Industry Regulatory Authority (FINRA)

Series 3 License Questions