The derivatives markets contain different types of contracts. Forward contracts, futures contracts, options, and swaps are some common types of derivatives contracts. are customized agreements in which one party agrees to buy a commodity at a specific price on a specific future date, and the other party agrees to make the sale. Typically, goods are actually delivered under these contracts. Which of the following are used to hedge against fluctuating interest rates, stock prices, and exchange rates? a. Financial futures b. Commodity futures