Derivatives trading has been popular since the futures market for wheat was established. Since then, traders, brokers, and speculators have been involved in transactions imvolving derivatives, leading to the evolution of the derivatives markets. Based on your understanding of the derivatives markets, abswer the following questions. generally transfer risk rather than eliminate risk. Based on your understanding of the reasons why the derivatives markets have grown more rapidly than any other major market in recent years. complete the foliowing statements: - Analytical techniques have been developed that have mi - ciobalization and integrative technologies have made it - Globalization has increased both the importance of the currency markets and the need to global trade. - The Black-Scholes Option Pricing Model was developed to help make a transparent basis far pricing hedges, making the counterparties comfortable with deals