The majority of trading in futures contracts takes place on
I. the Chicago Mercantile Exchange.
II. the Chicago Board of Trade.
III. the American Exchange.
IV. the New York Mercantile Exchange.
A) I and III only
B) II and IV only
C) I, II and IV only
D) I, II, III and IV

Question

Quizplus · Accepted Answer

The majority of futures trading occurs on the Chicago Mercantile Exchange, the Chicago Board of Trade, and the New York Mercantile Exchange. The American Exchange is not a major platform for futures trading.

The Majority of Trading in Futures Contracts Takes Place on