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Derivatives include such widely accepted products as futures and options.
"We were just comparing futures and dreams," she said.
The concept evolved into today's futures and options trading.
A futures and options expiry passed relatively smoothly.
Since the 1970s, futures and options markets have expanded in size and scope, with trading of futures and options on many nonagricultural commodities.
Some financial products will also move to exclusive screen trading, including one-month Libor futures and Euroyen futures, and options on futures.
Futures and options markets for equities either do not exist locally or barely trade.
He begins with the futures and options markets of the tulip bubble of the 1630s.
Futures and derivatives markets are also built on the price of the underlying physical commodity.
But the Connecticut-based firm coveted only MF Global's futures and securities customers.
The same fate no doubt awaits futures and options exchanges, someday.
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