Establish currency futures and currency options contracts
Question:
Given that the forward market already existed, why was it necessary to establish currency futures and currency options contracts?Please discuss in detail and provide at least 2 references for your answer.
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Given that the forward market already existed, why was it necessary to establish currency futures and currency options contracts?
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Task: Suppose that you purchase a Treasury bond futures contract at $95 per $100 of face value.
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