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Management · Q127

International Finance and Treasury

Graduate and Post Graduate · Management · question 127

Q127

Which exchange commenced trading in currency in 1982

A.
Philadelphia
Answer
B.
Mexican peso
C.
Bimsetallism
D.
Smithsonian

Answer: Option A

Solution

Answer: Option A
Solution:
Philadelphia exchange commenced trading in currency in 1982. In 1982, stock exchanges of Montreal and Philadelphia introduced standardised currency options. Thereafter, Chicago Mercantile Exchange, LIFFE of London, Sydney Futures Exchange, MATIF of Paris and some others started trading in standardised currency Options
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