Download or read book Futures Markets Routledge Revivals written by Barry Goss and published by Routledge. This book was released on 2013-05-02 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Rational Expectations and Efficiency in Futures Markets written by Barry Goss and published by Routledge. This book was released on 2005-10-09 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do traders in futures markets make use of all relevant information and is this reflected in prices? This collection of original essays by a team of international economists considers these and other questions central to futures markets.

Download or read book Fundamentals of Futures and options markets written by John Hull and published by Pearson Higher Education AU. This book was released on 2013-09-12 with total page 577 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first Australasian edition of Hull’s bestselling Fundamentals of Futures and Options Markets was adapted for the Australian market by a local team of respected academics. Important local content distinguishes the Australasian edition from the US edition, including the unique financial instruments commonly traded on the Australian securities and derivatives markets and their surrounding conventions. In addition, the inclusion of Australasian and international business examples makes this text the most relevant and useful resource available to Finance students today. Hull presents an accessible and student-friendly overview of the topic without the use of calculus and is ideal for those with a limited background in mathematics. Packed with numerical examples and accounts of real-life situations, this text effectively guides students through the material while helping them prepare for the working world. For undergraduate and post-graduate courses in derivatives, options and futures, financial engineering, financial mathematics, and risk management.

Download or read book The International Wool Trade written by Julian Roche and published by Woodhead Publishing. This book was released on 1995-07-31 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a comprehensive guide the wool industry and the trading mechanisms involved in this vital business. The supply chain is examined, from sheep farming through to final garment manufacture and supply. The patterns of trade are explored, together with the various international arrangements that are associated that are associated with the wool trade. The book goes on to explain the theory and practice of trading in the futures markets and the associated regulation, and looks at the players, both wool companies and other institutions. The final chapter covers competitors to wool, such as man-made fibres and cotton, providing an analysis of current international trading patterns and looking to the future for this essential commodity.

Download or read book Agricultural Commodity Markets written by Michael Atkin and published by Taylor & Francis. This book was released on 2024-02-01 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1989, this book is a clear and thorough guide to the workings and purpose of the futures markets. It begins by explaining the role of futures and options in agriculture and their uses in reducing risks and maximizing profits. The state of the futures industry in the USA, Europe, Japan and the smaller exchanges elsewhere during the 1980s is examined, the pattern of price movements analysed, and the major background factors which influence price movements discussed. The regulatory environment in the US and UK is analysed, and there is a thorough explanation of fundamental and technical approaches to price forecasting and of strategies to maximize profits from trading. Detailed profiles of the major agricultural commodities traded on futures markets comprise the second part of this comprehensive handbook. The major markets, price movements, and trading opportunities are outlined for each commodity in turn. The book concludes by discussing the contemporary issues facing futures trading, and the role of the markets in the agricultural trade of developing countries.

Download or read book Asia Pacific Derivative Markets written by Erik Banks and published by Springer. This book was released on 1996-03-29 with total page 738 pages. Available in PDF, EPUB and Kindle. Book excerpt: Erik Banks, responsible for global risk management at Merrill Lynch in Hong Kong, has written another text on the derivatives field covering innovation in these instruments in Asia Pacific. The text acts as a detailed reference on the nature of these markets and the prospects for the Asian derivative markets, both listed and OTC. He also includes an analysis of the Australian, New Zealand and Japanese markets to fit the emerging markets into context.

Download or read book Agricultural Supply Chains and the Challenge of Price Risk written by John Williams and published by Routledge. This book was released on 2013-12-04 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the issues of integration within food and fibre supply chains and the challenges in managing price risk. The problems of integration and price risk are interwoven in agricultural supply chains with production and supply risk as well as hoarding. However, without supply chain integration through commercial trade markets there can be no forward market upon which forward transactions and the management of price risk can be based. Without a forward market that can reduce opportunistic behaviour, there is likely to be little security of supply, particularly under high production risk and price uncertainty. Whilst price risk management is possible under certain circumstances, there are many factors that can prevent the development of forward markets or cause them to collapse, thus undermining the ability to manage price risk within acceptable risk and return parameters. Market positions therefore need to be valued and often settled daily due to the risk of contract default. In addition, the issue of currency risk and its management applies to international market positions and transactional exposures. The book analyses a range of price risk management strategies from forward contracting through to futures and options hedging, and finally to over-the-counter products. Evaluation techniques are developed to aid decision-making. The author concludes that forward market development may be the exception rather than the norm, and that whilst favourable price risk management outcomes may be possible, they can sometimes be caused more by luck than through good management. It is shown how tactics are an important consideration in decision-making to minimize costs and losses.

Download or read book Economics of Futures Trading written by B.A. Goss and published by Springer. This book was released on 1976-06-18 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The World Scientific Handbook of Futures Markets written by Anastasios G. E. T. Al MALLIARIS and published by World Scientific. This book was released on 2015-08-06 with total page 844 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The World Scientific Handbook of Futures Markets serves as a definitive source for comprehensive and accessible information in futures markets. The emphasis is on the unique characteristics of futures markets that make them worthy of a special volume. In our judgment, futures markets are currently undergoing remarkable changes as trading is shifting from open outcry to electronic and as the traditional functions of hedging and speculation are extended to include futures as an alternative investment vehicle in traditional portfolios. The unique feature of this volume is the selection of five classic papers that lay the foundations of the futures markets and the invitation to the leading academics who do work in the area to write critical surveys in a dozen important topics."--$cProvided by publisher.

Download or read book The Risk Controllers written by Peter Norman and published by John Wiley & Sons. This book was released on 2011-09-07 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: Clearing houses, or CCPs, were among the very few organisations to emerge from the global financial crisis with their standing enhanced. In the chaotic aftermath of the bankruptcy of Lehman Brothers, they successfully completed trades worth trillions of dollars in a multitude of financial instruments across listed and over-the-counter markets, and so helped avert financial Armageddon. That success transformed the business of clearing. Governments and regulators around the world gave CCPs and the clearing services they provide a front-line role in protecting the global economy from future excesses of finance. CCPs, which mitigate risk in financial markets, responded by greatly expanding their activities, notably in markets for over-the-counter derivatives, and often in fierce competition with one another. In The Risk Controllers, journalist and author Peter Norman describes how CCPs operate, how they handled the Lehman default, and the challenges they now face. Because central counterparty clearing is a complex business with a long history that continues to influence decisions and structures even in today’s fast changing world, The Risk Controllers explores the development of CCPs and clearing from the earliest times to the present. It draws on the experiences of the people who helped to shape the business of clearing today. It sets the development of CCPs and clearing in the broader context of changes in society, politics and regulation. The book examines turning points, such as the 1987 stock market crash, that set clearing on a new path and the impact of long running trends, including the exponential growth of computer power and the ebb and flow of globalisation. Written in non-technical language, The Risk Controllers provides a unique and accessible guide to CCPs and clearing. It is essential reading for clearing professionals, legislators and regulators whose job it is to take this vitally important business into the future. “The recent crisis has, thankfully, renewed interest in the importance of central counterparties: how they can help preserve stability or, as Hong Kong showed in 1987, undermine stability if they are not super sound. Peter Norman’s book places the role of clearing houses in a historical context, and explains why the financial system’s plumbing matters so much. It should be read by anyone interested in building safer capital markets.” Paul Tucker, Deputy Governor Financial Stability, Bank of England

Download or read book The Farming Game written by Bill Malcolm and published by Cambridge University Press. This book was released on 2005-06-23 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Farming Game is the agricultural management text for the twenty-first century. The central theme underpinning this text is that the farm management context is most usefully and reliably managed by the application of economic ways of thinking. In this text, the practice of farm management is approached in an integrated way, leaving no significant issues about management uncovered. Finance, investment, decision analysis, management, economic thinking, growth, risk and marketing are critical and exciting domains of interest that are brought together to give the reader a thorough and comprehensive understanding of how the farming situation is best analysed and managed. The text is essential reading for those who seek to manage agricultural businesses well and for those with interest throughout agricultural supply chains who need to understand the character of farms as the core of agribusiness systems.

Download or read book Australian Farm Journal written by and published by . This book was released on 2001 with total page 1006 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Futures Trading Practices Act of 1991 S 207 written by United States. Congress. Senate. Committee on Agriculture, Nutrition, and Forestry and published by . This book was released on 1991 with total page 868 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Marketing Agricultural Products and Services written by Brian Walsh and published by NSW Agriculture. This book was released on 2015-07-17 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Times are changing. Until fairly recently many farmers were simply producers. Their energies were focused on growing crops and producing livestock. Selling was often just a matter of sending produce to the local saleyards or silo or contacting their stock and station agent. Producers were price takers rather than price managers. Now many farmers have become marketers rather than just producers, and in the near future many more will make the fundamental shift from an on-farm focus as price-takers to a wider approach that includes price risk management and marketing. Official marketing authorities are playing less of a role in marketing Australian agricultural produce. As part of this deregulation, farmers have many more choices, marketing tools and options that they can use to their advantage provided they know how to use them. At the same time consumer expectations have become more complex. Farmers find themselves required to respond to concerns about animal welfare practices, health and food safety aspects of their products, and the environmental and ethical impact of their production methods. The marketing landscape has therefore become more complex and producers need good marketing skills to navigate their way through the pros and cons of the many alternatives they face. This is the challenge for producers—to apply a balance of production, finance, people and marketing skills to run their farm businesses successfully. This book gives farmers the tools to become a marketer rather than just a producer. It details market specifications, product promotion, quality control and how to respond to consumer demands for animal welfare practices, health, food safety, environmental and ethical issues.

Download or read book Firms and Markets written by K. Tucker and published by Routledge. This book was released on 2018-01-12 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industrial and business economics is a very important field with a great deal of relevance to the commercial world and to business studies students as well as to economists. It is a rapidly developing field in which many new research advances have been made in recent years. This book, first published in 1986, considers many aspects of both the theory of and the evidence on economic behaviour, and in particular the operations of firms and markets. The book was written in honour of Basil Yamey by his former research students.

Download or read book Electronic Exchanges written by Michael Gorham and published by Elsevier. This book was released on 2009-07-08 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Anyone reading the business section of a newspaper lately knows that the financial exchanges--stock, bonds, FX, commodities, and so forth--are undergoing tremendous transformations. Fund managers, market makers, traders, exchange professionals, marekt data providers and analyzers, investors--anyone involved with the financial exchanges needs to understand the major forces pushing this transformation in order to position themselves and their institutions to the best advantage. In this book, veteran exchange expert Michael Gorham joins his twenty-five years of experience with CME and CBOT to the technical expertise of Nidhi Singh of Goldman Sachs to write a book that tells the story of this dramatic transformation. They chronicle the shift: --from floors to screens --from private clubs to public companies, and --from local and national to global competition. They analyze each of these shifts, identify the drivers behind them and look forward to the implications arising out of them for exchange business in the future. They also explore several key trends: --an increase in product innovation --the integration of markets from all over the world onto a single screen, --the rise of the modular exchange --the outsourcing of various exchange functions, and --the difficulty of transcending geography for regulatory purposes. So join Gorham and Singh in learning the story of this fundamental transformation. As old ways of working are being destroyed, entirely new types of jobs are being created, and new ways of working with exchanges. This book will help you chart the way forward to financial success. Gorham is an exchange expert and Singh is an electronic trading expert, they combine their expertise to reveal the inner workings of the exchanges and where they will go in the future Only book to point to new skills needed and new ways of making money for users of exchange services

Download or read book Foreign Crops and Markets written by and published by . This book was released on 1960 with total page 652 pages. Available in PDF, EPUB and Kindle. Book excerpt: