nobody E. the clearinghouse When two parties agree to enter into the transaction, the clearinghouse becomes the buyer and seller of the contract and ensures its completion.
In a futures contract, who is obligated?
- A futures contract binds the buyer to buy a specific asset and the seller to sell and deliver that asset at a specific future date, unless the holder's position is closed before the contract expires.
- Market participants use futures contracts in two ways: speculators and hedgers. Producers or hedgers are those who create or purchase an underlying asset hedge.
- These individuals also guarantee the purchase or sale price of the commodity. When a futures contract is purchased, the buyer assumes the obligation to purchase and receive the underlying asset when the contract expires.
- The seller of the futures contract assumes responsibility for providing and delivering the underlying asset at the expiration date.
To learn more about futures contract refer to
https://brainly.com/question/25534066
#SPJ4
