Futures market started as a way of (and in America were strictly limited to) prpducers and wholesale buyers to hedge/fix their costs. Then American regulators

Futures market started as a way of (and in America were strictly limited to) prpducers and wholesale buyers to hedge/fix their costs. Then American regulators started handing exceptions to allowable market participants out like candy and suddenly the markets are majoritarily financial middlemen who do not want to take delivery. Futures markets make lots of sense and are very useful. How they are currently constituted does not.