Answer Happy

Question 4 1p European options are different from American options in that o European options can be only exercised at maturity while American options can be exercised prior to maturity O European options result in actual deliveries while American options are settled in USD European options quote exchange rates in European terms and American options quote exchange rates in American terms O European options are traded in Europe and American options are traded in the US
Question 5 Currency futures contracts O require a performance bond O are traded over-the-counter O usually result in the short delivering the underlying currency to the long at contract expiration Oare customized to the needs of the trading parties