Many times, we read about future trading in the newspapers. What is ‘future trading’?

a)It is nothing but a trade between any two stock exchanges, wherein it is decided to purchase the stocks of each other on a fixed price throughout the year.

b) It is an agreement between two parties to buy or sell an underlying asset in the future at a predetermined price

c) Future trading is an agreement between stock exchanges that they will not trade the stocks of each other under any circumstances in future or for a given period of time

1
only a
2
only b
3
only c
4
b & c
5
none of these

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