How Futures Markets Came About

sunandaC

New member
Futures contracts on commodities have been traded for a long time. In

USA, such contracts began trading on Chicago Board of Trading (CBOT) in

1860's.


In the past three decades, financial futures contracts have been

evolved.


They encompass a variety of underlying assets -- securities, stock

indices, interest rates & so on.


It was in America only that a formal beginning was made, when the

Kansas City Board Of Trade (KCBT) introduced stock index futures

contracts with the "Value line Index" serving as the underlying index.
 

rosemarry2

MP Guru
Futures contracts on commodities have been traded for a long time. In

USA, such contracts began trading on Chicago Board of Trading (CBOT) in

1860's.


In the past three decades, financial futures contracts have been

evolved.


They encompass a variety of underlying assets -- securities, stock

indices, interest rates & so on.


It was in America only that a formal beginning was made, when the

Kansas City Board Of Trade (KCBT) introduced stock index futures

contracts with the "Value line Index" serving as the underlying index.

Hello there,

I am also uploading a document which will give more detailed explanation on Futures Markets – Purpose History.
 

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