How are contracts settled-by delivery or by cash settlement

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Reference no: EM131962232

Compare forward contract and futures contract in terms of the following:

1. Are they standardized agreements as to the delivery date and quality of the underlying asset

2. Where are they traded?

3. What are underlying assets for these contracts?

4. How are these contracts settled? By delivery or by "Cash settlement"?

5. Regulation of futures and forward markets.

Reference no: EM131962232

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