Background on derivatives. Derivatives trading has been popular since the futures market for wheat was established. Since then, traders, brokers, and speculators have been involved in transactions involving derivatives, leading to the evolution of the derivatives markets. Based on your understanding of the derivatives markets, answer the following questions. Speculators add capital and participants to the derivatives markets. Thus, speculators _______ the derivatives markets. ________ occur when aggregate risk can be reduced by derivatives transactions between counterparties. Which of the following are reasons why the derivatives markets have grown more rapidly than any other major market in recent years? Check all that apply