问题
单项选择题
Which of the following is a reason to use the swaps market rather than the futures market To :()
A. reduce the credit risk involved with the contract.
B. increase the liquidity of the contract.
C. maintain the firm's privacy.
答案
参考答案：C
解析：
The futures market, because of the use of a standardized contract, is more liquid; and, because the exchange guarantees the contract, futures contracts have less credit risk. However, swaps contracts, because they are over-the-counter (private) contracts, allow the firm to maintain privacy.