Of the following,the most recent derivative security innovations are
A)foreign currency futures.
B)interest rate futures.
C)stock index futures.
D)stock options.
E)credit derivatives.

Question

Quizplus · Accepted Answer

Credit derivatives are the most recent derivative security innovation, as they became popular in the 1990s and have continued to evolve and grow in complexity since then. All of the other options listed, including foreign currency futures, interest rate futures, stock index futures, and stock options, have been around for much longer and were developed before the 1990s.

Of the Following,the Most Recent Derivative Security Innovations Are