Author: Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 36
Book Description
Technical Bulletin
Author: The Economic Function of Futures Markets
Author: Jeffrey WilliamsPublisher: CUP Archive
ISBN: 9780521389341
Category : Business & Economics
Languages : en
Pages : 276
Book Description
This book offers an explanation of why commodity processors and dealers use futures markets. It argues that they use futures contracts as part of an implicit method of borrowing and lending commodities, contrary to the accepted view of dealers averse to the fluctuating value of their inventories wanting insurance against price risk. Employing models developed to explain the demand for money, this book demonstrates that risk-neutral dealers have sufficient reason to use futures markets. Moreover, the book exposes major internal inconsistencies in the accepted explanation. Rather than insurance markets, the appropriate analogy is the money market, which is the point the book establishes through discussing actual loan markets in commodities. This insight into the function of futures markets is then used to explain how futures prices for different delivery dates express a term structure of commodity-specific interest rates and why futures markets flourish for some types of commodities and not for others.
Economics of Futures Trading
Author: B.A. GossPublisher: Springer
ISBN: 134902693X
Category : Business & Economics
Languages : en
Pages : 236
Book Description
An Analysis of Scrap Futures Markets for Stimulating Resource Recovery
Author: Robert C. AndersonPublisher:
ISBN:
Category : Commodity exchanges
Languages : en
Pages : 92
Book Description
Futures Markets (Routledge Revivals)
Author: Barry GossPublisher: Routledge
ISBN: 1135047502
Category : Business & Economics
Languages : en
Pages : 227
Book Description
First published in 1986, this book discusses many important aspects of the theory and practice of Futures Markets. It describes how they, at the time, grew to be an increasingly important feature of the world's major financial centres. Indeed, they adopted the role of being efficient forward pricing mechanisms and this was reflected by the interest of economists in the study of risk, uncertainty and information. Here, the contributors focus on areas that were of concern in the late 1980s such as feasibility, forward pricing and returns, and the modelling of price determination in Futures Markets. Evidence is drawn from twenty-five different commodities representing all the major commodity groups; and from all the world's major centres of Futures Trading.
Futures Trading in Onions
Author: United States. Commodity Exchange AuthorityPublisher:
ISBN:
Category : Commodity futures
Languages : en
Pages : 84
Book Description
Models of Futures Markets
Author: Barry GossPublisher: Routledge
ISBN: 1135639361
Category : Business & Economics
Languages : en
Pages : 187
Book Description
This volume presents an entirely new analysis of the economics of futures markets, that will be of interest to both specialists in the area and the generalist economist seeking a new perspective. Through a combination of theoretical investigation and empirical application, three important themes are explored: the gains from futures trading and the efforts of emerging markets to reap these benefits; rationality and rival hypotheses of trader behaviour, such as noise trading; and the effect of regulatory tools on price formation.
Model Rules of Professional Conduct
Author: American Bar Association. House of DelegatesPublisher: American Bar Association
ISBN: 9781590318737
Category : Law
Languages : en
Pages : 216
Book Description
The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.
Relative Efficiency of Various Genetic Mechanisms for Suppression of Insect Populations
Author: E. F. KniplingPublisher:
ISBN:
Category : Genetics
Languages : en
Pages : 422
Book Description
Treatment of Hedging in Commodity Market Regulation
Author: Allen B. PaulPublisher:
ISBN:
Category : Commodity exchanges
Languages : en
Pages : 36
Book Description