标题: Futures vs Forwards, which is more expensive? [打印本页] 作者: jbaldyga 时间: 2011-7-13 17:02 标题: Futures vs Forwards, which is more expensive?
Which is higher in explicit cost? For some reason I thought futures were but I'm seeing in a qbank question that they state forwards are more expensive.作者: mar350 时间: 2011-7-13 17:02
IMO fwrds are more costly in terms of transaction costs because they are customized. Futures are standarized.作者: strikethree 时间: 2011-7-13 17:02
Forwards are generally less liquid since they are customized. This leads to higher transaction costs. Other than liquidity, there isn't any real reason why one would be more expensive than the other.作者: Analyze_This 时间: 2011-7-13 17:02