1. We have discussed various stock markets in detail throughout this text. Another market that is less...

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1. We have discussed various stock markets in detail throughout this text. Another market that is less well known is the New York Mercantile Exchange. Here contracts on a wide variety of commodities are traded on a daily basis. Go to http://www. nymex.com/jsp/index.jsp and read the discus- sion explaining the origin and purpose of the mer- cantile exchange. Write a one-page summary discussing this material.

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Financial Markets and Institutions

ISBN: 978-0321280299

5th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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