Stock index futures and options are sometimes referred to as derivative products because they:
A)are often used as part of program trading.
B)make the market less volatile.
C)have intrinsic characteristics.
D)derive their existence from actual market indexes.

Question

Quizplus · Accepted Answer

Stock index futures and options are sometimes referred to as derivative products because they derive their existence from actual market indexes but have no intrinsic characteristics of their own.

Stock Index Futures and Options Are Sometimes Referred to as Derivative