NEW YORK ( TheStreet) -- The Futures Industry Association made its yearly report quietly, showing an across-the-board drop in volumes of more than 13% for 2012. This is incredibly bad news for the derivative industry and the exchanges, representing a possible peak in growth we were not supposed to see for many, many years.The trading of futures and options was supposed to represent the next leg of growth for the financial industry and the exchanges that supported them. In comparison to the simple trading of stocks, which has been around for more than a century and a half, the trading of derivatives was a relatively new offering and was the hope for many exchanges and financial brokerages to power their growth models for several decades to come.
Dicker: FIA Report Spells Trouble for Exchanges
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