Successful Futures Markets Are NOT Associated with the Following Feature

Multiple Choice

Successful futures markets are NOT associated with the following feature:

A) competitive markets for the underlying commodity
B) an ability for the commodity to be sold in standardized units
C) volatile commodity prices that change randomly across time in an erratic fashion
D) an ability to attract algorithmic traders who supply large trading volumes
E) a well-designed structure of margins and daily settlement to hold down credit risk