4. The main function of the futures market is (). A. the function of avoiding price risk B. the function of speculation C. the function of forming reasonable price D. it is beneficial to the market
The main functions are generally hedging and price discovery. A is hedging, C is price discovery, and B should not be the main function. Functionally speaking, the participation of speculators can be used as the counterparty of hedgers, which is conducive to the improvement of market liquidity, but this is not the original intention of establishing futures market.