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Which of the following statements is true about foreign exchange futures contracts?) A trader of...

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Finance

Which of the following statements is true about foreign exchange futures contracts?) A trader of foreign exchange futures contracts will receive margin call when the balance of the margin account falls below the initial margirBecause foreign exchange futures contracts have signifcant counter-party default risk, dealers of such contracts will charge a bid-ask spread for making the futures market) Foreign exchange futures contracts are customized contracts traded over the counter between big companies and commercial banksD None of the given statements is trueOpen position in a foreign exchange futures contract cannot be closed before the expiration date of the contract

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