Author: Peter M. BalnavesPublisher:
ISBN:
Category : Futures
Languages : en
Pages : 346
Book Description
The Success and Failure of Futures Contracts
Author: Peter M. BalnavesPublisher:
ISBN:
Category : Futures
Languages : en
Pages : 346
Book Description
Success and Failure of Future Contracts
Author: Deborah G. BlackPublisher:
ISBN:
Category : Commodity exchanges
Languages : en
Pages : 214
Book Description
Why Some Commodity (and Financial) Futures Contracts Succeed and Others Fail
Author: Hilary TillPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Why do some futures contracts succeed and others fail? Although the U.S. futures markets have evolved in a trial-and-error fashion, a survey of relevant research suggests key elements have determined whether particular futures contracts succeeded or failed. This knowledge could be useful for new financial centers as they build successful futures markets. This paper shows that there are three elements that determine whether a futures contract succeeds or not:1. There must be a commercial need for hedging;2. A pool of speculators must be attracted to a market; and3. Public policy should not be too adverse to futures trading.
SUCCESS AND FAILURE OF FUTURES CONTRACTS: THEORY AND EMPIRICAL EVIDENCE
Author: Deborah G. BLACKSuccess and Failure of Futures Contracts
Author: Deborah G. BlackPublisher:
ISBN:
Category : Commodity exchanges
Languages : en
Pages : 214
Book Description
A Framework to Predict Success and Failure of Futures Contracts for Agricultural Commodities
Author: Howard Ray SartainSuccess and Failure of Agricultural Futures Contracts
Author: B. Wade BrorsenPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
The objective of this study is to determine the factors contributing to the success or failure of agricultural futures contracts. Commodities with futures markets and without futures markets were selected and analyzed with respect to their product homogeneity, vertical integration, buyer concentration, activeness of their cash market, cash price variability, and size of their cash market. Homogeneity, vertical integration, buyer concentration, and activeness of the cash market were measured by the Delphi approach. An active cash market is a necessary condition for futures contract success. The structure of the marketing channel, the size of the cash market, the activeness of the cash market, the effectiveness of the grading system (homogeneity), liquidity cost, the ability of the own hedge market to bear more risk than the existing cross hedge market, and cash price variability are important in explaining differences in volume and open interest among existing futures markets. Results also suggest that none of the non-traded commodities considered is likely to have a successful contract if it were traded; since, none have an active cash market.
Author: Mark J. Powers
Author: Felix Fofana N'Zue
Author: Félix Fofana N'Zue