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Distinguish between forwards contract and futures contract

Distinguish between forwards contract and futures contract

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Dana
Futures are traded in organized exchanges while forwards are over the counter agreements
Futures contracts are standardized while forwards contracts depend on the purchase to the contract
Once a futures contract has been bought or sold, it can be traded at any point till maturity while a forwards contract once bought or sold cannot be traded hence futures contracts are more liquid
In a futures contract, delivery is rare while for the forwards contract, delivery is a must
Forwards contracts do not require collateral but for futures contracts prices must be marked to the market daily

Dana05 answered the question on July 15, 2019 at 15:15

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