What do you think would happen if an exchange started trading a contract in which the quality of the underlying asset was incompletely specified?
11Speculation in futures markets is pure gambling. It is not in the public interest to allow speculators to trade on a futures exchange11. Discuss this view point. What do you think would happen if an exchange started trading a contract in which the quality of the underlying asset was incompletely specified? Cattle farmer expects 120,000 […]