GARP 2016-FRR Exam - Topic 1 Question 26 Discussion
Which one of the following four statements regarding commodity exchanges is INCORRECT?
D) Commodity markets are mot liquid than debt markets.
A) Banks have no natural direct exposure to commodities.
B) Banks trade in OTC contracts primarily to serve clients and facilitate client hedging and lending.
C) Customers rarely trade physical commodities with banks.
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