The comprehensive guide to working more effectively within the multi-commodity market. The Handbook of Multi-Commodity Markets and Productsis the definitive desktop reference for traders, structurers, and risk managers who wish to broaden their knowledge base. This non-technical yet...

We formally compare fundamental factor and latent factor approaches to oil price modelling. Fundamental modelling has a long history in seeking to understand oil price movements, while latent factor modelling has a more recent and limited history, but has gained popularity in other financial...

Extending previous risk model backtesting literature, we construct multiple hypothesis testing (MHT) with the stationary bootstrap. We conduct multiple tests which control for the generalized confidence level and employ the bootstrap MHT to design multiple comparison testing. We consider...