Which of the following is true of foreign exchange markets?

Question

ObjectiveMcq · Accepted Answer

The futures market is mainly used by speculators while the forward market is mainly used for hedging.

ObjectiveMcq · Answer

The futures market is mainly used by hedgers while the forward market is mainly used for speculating.

ObjectiveMcq · Answer

The futures market and the forward market are mainly used for hedging.

ObjectiveMcq · Answer

The futures market and the forward market are mainly used for speculating.