¼±¹°°Å·¡ ´ë»ó»óǰÀÇ Á¾·ù´Â Çö¹°°Å·¡¿Í °°ÀÌ ´Ù¾çÇÏ´Ù. Ư¼º»ó »óǰÀÇ Ç¥ÁØÈ°¡ ÇʼöÁ¶°ÇÀ̱⠶§¹®¿¡ ÇѰ谡 ÀÖÁö¸¸ ÃÖ±Ù¿¡´Â °¢Á¾ ±â¹ýÀÇ °íµµÈ·Î ÇѰ踦 ±Øº¹Çϰí ÀÖÀ¸¸ç °æ±â¼±ÇàÁö¼ö, ¼ÒºñÀÚ¹°°¡Áö¼ö, LIBOR±Ý¸® µî¿¡µµ °Å·¡°¡ ÀÌ·ç¾îÁø´Ù. ¼±¹°°Å·¡´Â Å©°Ô »óǰ¼±¹°(commodities futures)°ú ±ÝÀ¶¼±¹°(financial futures)·Î ´ëº°µÈ´Ù. »óǰ¼±¹°Àº ÀÌ¹Ì Áß¼¼»óÀεéÀÌ ÀÌ¿ëÇϱ⠽ÃÀÛÇßÀ¸¸ç ü°èÀûÀÎ ¼±¹°°Å·¡°¡ Çü¼ºµÇ±â ½ÃÀÛÇÑ °ÍÀº½ÃÄ«°í ¼±¹°°Å·¡¼Ò(CBOT)°¡ â¼³µÈ 1848³âºÎÅÍ´Ù. ±ÝÀ¶¼±¹°Àº 1972³â ½ÃÄ«°í »ó¾÷°Å·¡¼Ò(CME) ºÎ¼³ ±¹Á¦ÅëȽÃÀå(IMM)¿¡¼ °Å·¡µÈ Åëȼ±¹°ÀÌ È¿½Ã´Ù. 1975³â¿¡ ±Ý¸®¼±¹°ÀÌ ³ª¿Í¼¼°è °¢Áö·Î È®»êµÇ¾ú°í 1982³â¿¡´Â µåµð¾î ÁÖ°¡Áö¼ö¼±¹°À» °³¹ßÇßÀ¸¸ç 1970³â´ë ÀÌÈÄÀÇ È¯À²ÀÇ ºÒ¾ÈÁ¤, °í±Ý¸®, ÀÎÇ÷¹ÀÇ Áö¼Ó¿¡ µû¸¥ ±¹Á¦±ÝÀ¶½ÃÀå¿¡¼ÀÇ ºÒÈ®½Ç¼º°ú °Å·¡À§ÇèÀÇ Áõ´ë·Î °¢Á¾ ½Å±ÝÀ¶»óǰÀÇ ¾çÀû, ÁúÀûÀÎ È®´ë, °³¹ßÀÌ °Á¶µÇ°í ÀÖ´Ù. ±ÝÀ¶¼±¹°Àº ±Ý¸®¼±¹°(interest rate futures), Åëȼ±¹°(currency futures), ÁÖ°¡Áö¼ö¼±¹°(stock index futures) ¹× ±ÝÀ¶¼±¹°¿É¼Ç(option on financial futures)À¸·Î ºÐ·ùµÈ´Ù. |