What do you think would happen if an exchange started trading a contract in which the quality of the underlying asset was incompletely specified?Explain
► Question 1: 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. ► Question 2: What do you think would happen if an exchange started trading a contract in which the quality of the underlying asset was […]