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Basic Question 1 of 5
The smallest group of market participants in commodity futures markets is ______.
B. speculators
C. arbitrageurs
A. hedgers
B. speculators
C. arbitrageurs
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.

Martin Rockenfeldt
Learning Outcome Statements
describe types of participants in commodity futures markets;
CFA® 2025 Level II Curriculum, Volume 5, Module 33.