September 2017
Beginner to intermediate
784 pages
23h 56m
English
Content preview from Derivatives Markets and Analysis
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Preface
In 1973, the Chicago Board of Trade formed the Chicago Board Options Exchange (CBOE). The CBOE was the first organized option exchange for the trading of options. Just as the Chicago Board of Trade had served to increase the popularity of futures, the CBOE helped to increase the trading of options by making the contracts more marketable. Since the creation of the CBOE, organized stock exchanges in the United States, most of the organized futures exchanges, and many security exchanges outside the United States also began offering markets for the trading of options. As the number of exchanges offering options increased, so did the number of securities and instruments with options written on them. Today, option contracts exist not only ...
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