Stock index futures and options are sometimes referred to as derivative products because they:

Name: Stock index futures and options are sometimes referred to as derivative products because they:
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Stock index futures and options derive their existence from actual market indexes, making them derivative products. They are financial contracts that allow investors to gain exposure to the performance of an underlying asset, such as a stock index, without actually owning the asset.

Stock Index Futures and Options Are Sometimes Referred to as Derivative