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A futures contract is a derivative, but the futures exchange doesn't call them 'derivatives,' they call them 'futures.'
Myron Scholes
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"A futures contract is a derivative, but the futures exchange doesn't call them 'derivatives,' they call them 'futures.'"
— Myron Scholes

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A futures contract is a derivative, but the futures exchange doesn't call them 'derivatives,'…

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A futures contract is a derivative, but the futures exchange doesn't call them 'derivatives,' they call them 'futures.' — Myron Scholes

About Myron Scholes

Myron Scholes was a Economist from Canada (1941–present).

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Frequently Asked Questions

Who said "A futures contract is a derivative, but the futures exchange doesn't call them…"?
This quote is attributed to Myron Scholes, a Economist from Canada.
When did Myron Scholes live?
Myron Scholes lived from 1941 – present.