L1 58 Forward Markets and Contracts
By: Steven Popovic
58.A: EXPLAIN DELIVERY/SETTLEMENT AND DEFAULT RISK FOR BOTH LONG AND SHORT POSITIONS IN A FORWARD CONTRACT;,
B DESCRIBE THE PROCEDURES FOR SETTLING A FORWARD CONTRACT AT EXPIRATION, AND HOW TERMINATION PRIOR TO EXPIRATION CAN AFFECT CREDIT RISK;,
58.C: DISTINGUISH BETWEEN A DEALER AND AN END USER OF A FORWARD CONTRACT;
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