Which exchange commenced trading in currency in 1982

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Which exchange commenced trading in currency in 1982

A. Philadelphia

B. Mexican peso

C. Bimsetallism

D. Smithsonian

Answer: Option A

Solution (By Examveda Team)

Philadelphia exchange commenced trading in currency in 1982. In 1982, stock exchanges of Montreal and Philadelphia introduced standardised currency options. Thereafter, Chicago Mercantile Exchange, LIFFE of London, Sydney Futures Exchange, MATIF of Paris and some others started trading in standardised currency Options

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