Use the following table to determine what type of financial institution engages in each of the given option market activities. Commercial Savings Mutual Securities Activity in Option Market Banks Institutions Funds Firms Pension Funds Insurance Companies Serve as intermediaries between financial market participants that take options positions in OTC markets. Hedge against potential interest rate fluctuations that could negatively affect their portfolios by taking options positions on futures contracts. o Hedge against potential stock price fluctuations that could negatively affect their portfolios by taking stock index options positions. o 0 O o Take speculative stock index options positions in an attempt to drastically increase their portfolio returns. o o o Grade It Now Save & Continue Continue without saving