How does the 'core transactional structure' of futures contracts compare to that of forwards contracts? Option: Futures contracts solely focus on risk mitigation, while forwards prioritize profit, They share the same fundamental objective of capitalizing on asset price movements, They are entirely different, serving distinct purposes, Futures contracts are more complex and involve multiple asset classes, unlike forwards

How does the 'core transactional structure' of futures contracts compare to that of forwards contracts?

How do futures contracts differ from forwards contracts in terms of customization?

What is the core premise of a futures contract?

What financial instrument is considered an "improvisation" over forwards?

How do futures contracts address the challenge of finding a counterparty, a common issue with forwards contracts?

What key risks associated with forward contracts do futures contracts aim to mitigate?