From the point of view of a company that...

题目

From the point of view of a company that uses derivatives to hedge foreign exchange risk, the main advantage of futures contracts over forward contracts is that:

选项

A.Futures are typically available for longer maturities.

B.Futures are less standardized.

C.Futures have less credit risk due to \u201cmarking-to-market\u201d.

D.Futures usually have smaller notional amounts.

答案

C

解析

The mark-to-market feature of a futures contract requires each side to settle up every day, which reduces the credit risk of the transaction.期货合约的按逐日盯市要求每一方每天结算，降低了交易的信用风险。