Hedging Pressure Effects in Futures Markets
โ Scribed by Frans A. De Roon; Theo E. Nijman; Chris Veld
- Book ID
- 108502960
- Publisher
- John Wiley and Sons
- Year
- 2000
- Tongue
- English
- Weight
- 113 KB
- Volume
- 55
- Category
- Article
- ISSN
- 0022-1082
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
his article considers the question, can the Australian Wheat Board (AWB) T benefit from hedging using the Chicago Board af Trade's wheat market? The AWB can use the prices generated by futures markets as guides for decision making and as a base for negotiating export contracts. In November 1982, the
ntil very recently, commodity futures markets were largely ignored by the U vast majority of economists. At the same time, markets for foreign currencies were studied by only a relative handful of specialists in international trade and finance. This article describes an area which overlaps the two v
## Abstract This paper analyzes the hedging decisions for firms facing price and basis risk. Two conditions assumed in most models on optimal hedging are relaxed. Hence, (i) the spot price is not necessarily linear in both the settlement price and the basis risk and (ii) futures contracts and optio