The financial futures market has evolved recently because of:

Question

Quizplus · Accepted Answer

The major event in the commodities markets for the last three decades has been the development of financial futures contracts. With the great volatility in the foreign exchange markets and in interest rates, corporate treasurers, investors, and others have felt a great need to hedge their positions. Financial futures also appeal to speculators because of their low margin requirements and wide swings in value.

The Financial Futures Market Has Evolved Recently Because Of