The latest results released by the Futures Industry Association (FIA) show some extremely encouraging signs. Not only is the traditional futures industry growing exponentially, but 2018 saw a record number of contracts changing hands globally. Futures and options climbed by 20.2 percent from the previous year to 30.28 billion contracts, an all-time record.
The global futures industry is a multi-trillion-dollar one and demand keeps on rising. But it’s also an industry that’s rife with inefficiencies, middlemen, hefty commissions, and decidedly favorable conditions for institutions and the ultra-wealthy.