Delivery and manipulation in futures markets

Causality in futures markets

✍ Henry L. Bryant; David A. Bessler; Michael S. Haigh 📂 Article 📅 2006 🏛 John Wiley and Sons 🌐 English ⚖ 165 KB

This study tests causal hypotheses emanating from theories of futures markets by utilizing methods appropriate for disproving causal relationships with observational data. The hedging pressure theory of futures markets risk premiums, the generalized version of the normal backwardation theory of Keyn

Hedger response to multiple grades of de

Hedger response to multiple grades of delivery on futures markets

✍ Da-Hsiang Donald Lien 📂 Article 📅 1988 🏛 John Wiley and Sons 🌐 English ⚖ 951 KB

The approach adopted here is similar to that of Anderson and Danthine (1981). However, they consider the effects of adding a new futures contract for Z while we consider the case of incorporating Z as an alternative deliverable grade into the existing contract. In other words, they compare the case

Undated futures markets

✍ Adam K. Gehr Jr. 📂 Article 📅 1988 🏛 John Wiley and Sons 🌐 English ⚖ 648 KB

his article discusses the mechanics, economics, advantages, and disadvan-\*The author would like to thank Fredrick Chin Tan for calling this subject to his attention and two anonymous reviewers of this journal for their helpful comments. 'The information about the Chinese Gold and Silver Exchange S

Interdealer trading in futures markets

✍ Peter R. Locke; Pattarake Sarajoti 📂 Article 📅 2004 🏛 John Wiley and Sons 🌐 English ⚖ 153 KB

## Abstract Trading amongst dealers on the floor of the futures exchange is examined. Since there is only one trading venue, the common floor area, trading between dealers is carried on in the presence of trades involving customer orders as well, offering a unique setting for testing the effect of

Testing rationality in futures markets

✍ Christopher K. Ma; William H. Dare; Darla R. Donaldson 📂 Article 📅 1990 🏛 John Wiley and Sons 🌐 English ⚖ 941 KB

Market Manipulation and Market Flaws

✍ Richard J. Pierce Jr. 📂 Article 📅 2003 🏛 Elsevier Science 🌐 English ⚖ 307 KB

discouraging undesirable behavior by structuring gas and electricity markets in ways that discourage undesirable behavior by rendering it unpro®table.