What is the role of an 'exchange' in the context of futures contracts? Option: It facilitates the trading of futures contracts by connecting buyers and sellers, It determines the pricing and valuation of futures contracts, It provides insurance against potential losses in futures trading, It acts as a regulatory body overseeing contract compliance

What is the role of an 'exchange' in the context of futures contracts?

What is the role of a stock exchange within the financial ecosystem?

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

What is the core premise of a futures contract?

What is the primary function of the stock market?

What is the primary function of trading?