question 1 of 9 what is one big difference between futures and forwards? futures are traded on exchanges…

question 1 of 9 what is one big difference between futures and forwards? futures are traded on exchanges. forwards are contracts you send my email. futures involve using a crystal ball. only futures can be used for commodity risk management.
Answer
Brief Explanations:
Futures are standardized contracts traded on organized exchanges. Forwards are over - the - counter contracts, not sent via email. Using a crystal ball is non - sense in this context and both can be used for commodity risk management.
Answer:
A. Futures are traded on exchanges.