Commodity Derivatives: A Guide for Future Practitioners describes the origins and uses of these important markets. Commodities are often used as inputs in the production of other products, and commodity prices are notoriously volatile. Derivatives include forwards, futures, options, and swaps; all are types of contracts that allow buyers and sellers to establish the price at one time and exchange the commodity at another.This straightforward book provides the necessary theoretical background and covers the practical applications that employers expect new hires to understand. Detailed examples are provided for using derivatives to manage prices by hedging, while strategies are presented for speculating on derivatives. This book also examines the impact of basis behavior on hedging results and shows how the basis can be bought and sold like a commodity. Examples are coordinated across chapters using consistent prices and formats, and industry terminology is used so students can become familiar with standard terms and concepts. This second edition has been fully revised and includes new chapters on futures pricing and risk measures for commodity markets, as well as expanded material on commodity swaps.A test bank of questions and problems also accompanies this edition, which instructors can use for homework assignments, review purposes, or exams. This book is essential reading for students planning careers as commodity merchandizers, traders, and related industry positions.

Produktinformation

Utgivningsdatum:2025-09-24
Mått:156 x 234 x 18 mm
Vikt:580 g
Format:Häftad
Språk:Engelska
Antal sidor:294
Upplaga:2
Förlag:Taylor & Francis Ltd
ISBN:9781032983707

Utforska kategorier

Finansiering inom Ekonomi och Ledarskap
Företagsekonomi inom Ekonomi och Ledarskap

Mer om författaren

Paul E. Peterson is a Clinical Professor of Finance (Retired) at the University of Illinois at Urbana-Champaign, and was The Clearing Corporation Clinical Professor of Derivatives Trading. He is President of Zebra Economics, Inc., a consulting firm based in Urbana, Illinois.

Innehållsförteckning

1. Introduction 2. Trading Futures and Options 3. Understanding and Interpreting Futures Prices 4. Futures Pricing 5. Margins, Clearing, Delivery, and Final Settlement 6. Market Regulation 7. Hedging with Futures 8. Hedging and the Basis 9. Futures Hedging Enhancements 10. Profit Margin Hedging and Inverse Hedging 11. Hedging and Basis Trading 12. Basis Trading and Rolling a Hedge 13. Speculating with Futures 14. Introduction to Options on Futures 15. Option Pricing 16. Profit Tables and Profit Diagrams 17. Hedging with Options 18. Option Hedging Enhancements 19. Speculating with Options 20. Commodity Swaps.

Mer från samma författare

City Limits

Paul E. Peterson

Häftad, 1981

360 kr

Del 410

CME Group Risk Management Handbook

CME Group, John W. Labuszewski, John E. Nyhoff, Richard Co, Paul E. Peterson

Inbunden, 2010

713 kr

CME Group Risk Management Handbook

Leo Melamed, Paul E. Peterson, Richard Co, John E. Nyhoff, John W. Labuszewski

E-bok

2010

924 kr

CME Group Risk Management Handbook

Leo Melamed, Paul E. Peterson, Richard Co, John E. Nyhoff, John W. Labuszewski

E-bok

2010

924 kr

Saving Schools

Paul E. Peterson

Häftad, 2011

320 kr

Classifying by Race

Paul E. Peterson

Häftad, 2014

1 225 kr

Classifying by Race

Paul E. Peterson

Inbunden, 2016

2 947 kr

Choice and Competition in American Education

Paul E. Peterson

Inbunden, 2005

1 156 kr

Choice and Competition in American Education

Paul E. Peterson

Häftad, 2005

534 kr

Coming Class War and How to Avoid it

Paul E Peterson, Christoph Strobel

Inbunden, 1998

2 473 kr

Du kanske också är intresserad av

Nyhet

L’amour toujours : Berättelsen om Tidö

Maggie Strömberg, Torbjörn Nilsson

Inbunden, 2026

275 kr