单选题 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.

【正确答案】 C

【答案解析】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.