The underlying asset type that futures contracts were first traded on were:
A) stock indexes.
B) foreign currencies.
C) commodities.
D) government bonds.

Name: The underlying asset type that futures contracts were first traded on were: A) stock indexes. B) foreign currencies. C) commodities. D) government bonds.
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Question

Quizplus · Accepted Answer

Futures contracts were first traded on commodities, such as agricultural products, before expanding to other asset types.

The Underlying Asset Type That Futures Contracts Were First Traded