One of the major options involving money market instruments is the Eurodollar deposit futures option.

Name: One of the major options involving money market instruments is the Eurodollar deposit futures option.
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Eurodollar deposit futures options are indeed a major financial instrument in the money market, allowing investors to hedge or speculate on the future interest rates of U.S. dollars deposited in banks outside the United States.

One of the Major Options Involving Money Market Instruments Is