1# Library to Find Best eBook for Read
Author : B. A. Goss
Release : 2007
Genre : Futures market
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis Models of Futures Markets by : B. A. Goss
Download or read book Models of Futures Markets written by B. A. Goss. This book was released on 2007. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Barry Goss
Release : 2013-05-13
Genre : Business & Economics
Kind : eBook
Book Rating : 434/5 ( reviews)
Book Synopsis Models of Futures Markets by : Barry Goss
Download or read book Models of Futures Markets written by Barry Goss. This book was released on 2013-05-13. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Author : Fred Espen Benth
Release : 2013
Genre : Business & Economics
Kind : eBook
Book Rating : 846/5 ( reviews)
Book Synopsis Modeling and Pricing in Financial Markets for Weather Derivatives by : Fred Espen Benth
Download or read book Modeling and Pricing in Financial Markets for Weather Derivatives written by Fred Espen Benth. This book was released on 2013. Available in PDF, EPUB and Kindle. Book excerpt: Weather derivatives provide a tool for weather risk management, and the markets for these exotic financial products are gradually emerging in size and importance. This unique monograph presents a unified approach to the modeling and analysis of such weather derivatives, including financial contracts on temperature, wind and rain. Based on a deep statistical analysis of weather factors, sophisticated stochastic processes are introduced modeling the time and space dynamics. Applying ideas from the modern theory of mathematical finance, weather derivatives are priced, and questions of hedging analyzed. The treatise contains an in-depth analysis of typical weather contracts traded at the Chicago Mercantile Exchange (CME), including so-called CDD and HDD futures. The statistical analysis of weather variables are based on a large data set from Lithuania. The monograph includes the research done by the authors over the last decade on weather markets. Their work has gained considerable attention, and has been applied in many contexts.
Author : Jeffrey Owen Katz
Release : 2005-03-21
Genre : Business & Economics
Kind : eBook
Book Rating : 705/5 ( reviews)
Book Synopsis Advanced Option Pricing Models by : Jeffrey Owen Katz
Download or read book Advanced Option Pricing Models written by Jeffrey Owen Katz. This book was released on 2005-03-21. Available in PDF, EPUB and Kindle. Book excerpt: Advanced Option Pricing Models details specific conditions under which current option pricing models fail to provide accurate price estimates and then shows option traders how to construct improved models for better pricing in a wider range of market conditions. Model-building steps cover options pricing under conditional or marginal distributions, using polynomial approximations and “curve fitting,” and compensating for mean reversion. The authors also develop effective prototype models that can be put to immediate use, with real-time examples of the models in action.
Author : Jeffrey Williams
Release : 1989-10-27
Genre : Business & Economics
Kind : eBook
Book Rating : 341/5 ( reviews)
Book Synopsis The Economic Function of Futures Markets by : Jeffrey Williams
Download or read book The Economic Function of Futures Markets written by Jeffrey Williams. This book was released on 1989-10-27. Available in PDF, EPUB and Kindle. Book excerpt: 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.
