October 11, 2016
Anthropologists would rightfully argue that the first instance of some kind of an exchange or transaction was most likely before humanoids evolved into humans. As humans evolved into hunters and gatherers, and further into agricultural societies, what started with the barter of commodities – and eventually, other items of necessity – continued to gain complexity.
Today, the CME Group, one of the world’s leading and most diverse derivatives marketplace, handles 3 billion contracts annually worth approximately $1 quadrillion.
There are cons ...