TIL that it is illegal to trade onion futures in the United States due to the 1958 Onion Futures Act, after two traders in 1955 purchased 98% of the onions in Chicago and subsequently crashed onion prices while holding short positions on onion futures.


TIL that it is illegal to trade onion futures in the United States due to the 1958 Onion Futures Act, after two traders in 1955 purchased 98% of the onions in Chicago and subsequently crashed onion prices while holding short positions on onion futures. https://en.wikipedia.org/wiki/Onion_Futures_Act fastballcount January 29, 2021 at 05:48PM

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