According to the textbook,the most actively traded futures contract in the world is:

Question

Quizplus · Accepted Answer

Eurodollar time deposit futures contracts are the most actively traded futures contracts in the world due to their role in hedging against interest rate changes and speculating on the future direction of interest rates. They are widely used by banks and financial institutions to manage exposure to fluctuations in short-term interest rates.

According to the Textbook,the Most Actively Traded Futures Contract in the World