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Futures are tricky. If not designed right they degenerate bucket shops (side bets that have nothing to do with the underlying- literally just betting on what nu
by jmount 2y ago
Futures are tricky. If not designed right they degenerate bucket shops (side bets that have nothing to do with the underlying- literally just betting on what numbers will appear on a tape) or depend only on interest rate (instead of capturing price trends of the underlying).