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  5. The Economic Function of Futures Markets

The Economic Function of Futures Markets

(Bog, Paperback / softback, Engelsk)
Forfatter: Jeffrey C. Williams
The Economic Function of Futures Markets
Forlag: Cambridge University Press

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Beskrivelse

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.

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Alle detaljer

Forlag Cambridge University Press
Forfatter Jeffrey C. Williams
Type Bog
Format Paperback / softback
Sprog Engelsk
Udgivelsesdato 27-10-1989
Første udgivelsesår 1989
Illustrationer Worked examples or Exercises
Originalsprog United Kingdom
Sideantal 272
Indbinding Paperback / softback
Forlag Cambridge University Press
Sideoplysninger 272 pages, Worked examples or Exercises
Mål 229 x 152 x 16
ISBN-13 / EAN-13 9780521389341