Standardization of financial instruments has occurred as a result of:

Question

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Standardization of financial instruments has occurred due to economies of scale, which allow for greater efficiency and lower costs in the production and trading of financial instruments. When financial instruments are standardized, they become easier to produce, trade, and understand, making them more accessible to a broader range of investors. This can result in a more liquid and efficient market, which can benefit both buyers and sellers.

Standardization of Financial Instruments Has Occurred as a Result Of