On the recordNovember 2, 2011
That futures markets cannot function without speculators who make markets, provide liquidity for hedgers, aid in price discovery, and take risks.
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congress.govTom Coburn: “That futures markets cannot function without speculators who make markets, provide liquidity for hedgers, aid in price…”
Editor's note · Context
Coburn defends the necessity of speculators in futures markets.
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