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Year of publication
Subject
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Warenbörse 1,720 Commodity exchange 1,697 USA 663 United States 663 Theorie 585 Theory 585 Commodity derivative 421 Rohstoffderivat 421 Derivat 319 Derivative 319 Hedging 234 Welt 175 World 175 Rohstoffmarkt 173 Commodity market 172 Commodity price 141 Rohstoffpreis 141 Volatility 139 Volatilität 139 Spekulation 108 Speculation 106 Oil market 104 Ölmarkt 104 Börsenkurs 98 Share price 98 Deutschland 82 Germany 80 Sojabohne 71 Soybean 71 Risikomanagement 64 Zeitreihenanalyse 64 Time series analysis 61 Electricity 60 Elektrizität 60 Risk management 60 Electric power industry 58 Elektrizitätswirtschaft 58 Estimation 57 Schätzung 57 Metal market 53
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Online availability
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Free 205 Undetermined 156
Type of publication
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Article 1,026 Book / Working Paper 696 Journal 23 Other 1
Type of publication (narrower categories)
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Article in journal 926 Aufsatz in Zeitschrift 926 Graue Literatur 230 Non-commercial literature 230 Working Paper 134 Arbeitspapier 131 Hochschulschrift 87 Aufsatz im Buch 84 Book section 84 Thesis 78 Collection of articles of several authors 43 Sammelwerk 43 Amtsdruckschrift 27 Government document 27 Lehrbuch 22 Glossar enthalten 20 Glossary included 20 Bibliografie enthalten 17 Bibliography included 17 Handbook 14 Handbuch 14 Ratgeber 12 Aufsatzsammlung 11 Guidebook 11 No longer published / No longer aquired 11 Statistics 9 Statistik 9 Konferenzschrift 6 Mehrbändiges Werk 6 Multi-volume publication 6 Collection of articles written by one author 5 Conference proceedings 5 Market information 5 Marktinformation 5 Sammlung 5 Systematic review 5 Übersichtsarbeit 5 Advisory report 4 Business report 4 Conference paper 4
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Language
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English 1,476 German 157 French 36 Undetermined 27 Russian 14 Polish 12 Spanish 9 Italian 6 Norwegian 6 Finnish 3 Portuguese 3 Bulgarian 1 Czech 1 Turkish 1
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Author
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García, Philip 15 Goss, Barry A. 12 Gilbert, Christopher L. 11 Kolb, Robert W. 11 Prokopczuk, Marcel 11 Irwin, Scott H. 10 Leuthold, Raymond M. 10 Brorsen, B. Wade 9 Kaufman, Perry J. 9 Hauser, Robert J. 8 Hayes, Dermot James 8 Hirshleifer, David 8 Lien, Da-hsiang Donald 8 Peck, Anne Elizabeth 8 Schwartz, Eduardo S. 8 Weiner, Robert J. 8 Hudson, Michael A. 7 Lence, Sergio H. 7 Ma, Christopher K. 7 Myers, Robert J. 7 Phlips, Louis 7 Pirrong, Craig 7 Tomek, William G. 7 Williams, Jeffrey 7 Broll, Udo 6 Elam, Emmett 6 Kahl, Kandice H. 6 Milonas, Nikolaos T. 6 Schroeder, Ted C. 6 Till, Hilary 6 Zilcha, Itzhak 6 Banks, Ferdinand E. 5 Bernstein, Jacob 5 Carter, Colin Andre 5 Farris, Paul L. 5 Figuerola-Ferretti, Isabel 5 Fortenbery, T. Randall 5 Gay, Gerald D. 5 Helms, Billy Paul 5 Holmberg, Pär 5
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Institution
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UNCTAD / Secretariat 7 International Monetary Fund (IMF) 4 USA / Subcommittee on Conservation, Credit, and Rural Development 4 Commodity Research Bureau 3 FinanzBuch Verlag 3 International Monetary Fund 3 USA / Commodity Futures Trading Commission 3 Weltbank 3 Chicago, Ill. / Board of Trade 2 Chicago, Ill. / Education and Publication Services Department 2 European Association of Agricultural Economists - EAAE 2 European University Institute / Department of Economics 2 Forschungsgesellschaft Energie 2 Fraunhofer-Institut für Systemtechnik und Innovationsforschung 2 Institut für Statistik und Mathematische Wirtschaftstheorie <Karlsruhe> 2 National Bureau of Economic Research 2 New York Coffee, Sugar and Cocoa Exchange Inc. 2 UNCTAD 2 USA / Subcommittee on Risk Management, Research, and Specialty Crops 2 USDA, ERS 2 Universität Potsdam 2 Association of the Bar of the City of New York 1 Association of the Bar of the City of New York / Committee on Commodities Regulation 1 Barchart.com, Inc. 1 Board of Governors of the Federal Reserve System 1 Bolsa de Mercadorias <São Paulo> 1 Bremer Baumwollbörse 1 Bridge Commodity Research Bureau 1 Börsen-Buchverlag 1 Chicago Mercantile Exchange 1 Department of Agricultural, Food and Resource Economics, Michigan State University 1 Deutsche Hochschule für Verwaltungswissenschaften Speyer 1 Erich-Schmidt-Verlag <Berlin> 1 Erklärung von Bern 1 Erste Österreichische Spar-Casse - Bank <Wien> 1 Europa-Universität Viadrina Frankfurt (Oder) 1 Fachverlag für Wirtschafts- und Steuerrecht Schäffer <Stuttgart> 1 Financial Options Research Centre 1 Humboldt-Universität zu Berlin 1 Indien / Forward Markets Commission 1
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Published in...
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The journal of futures markets 233 American journal of agricultural economics 44 Review of futures markets 31 Energy economics 23 Applied economics 16 Journal of banking & finance 15 The journal of finance : the journal of the American Finance Association 13 The energy journal 11 Advances in futures and options research : a research annual 9 EUI working paper / ECO 9 Energiewirtschaftliche Tagesfragen : et ; Zeitschrift für Energiewirtschaft, Recht, Technik und Umwelt 8 Resources policy 8 The journal of business : B 8 International review of economics & finance : IREF 7 International review of financial analysis 7 The economic journal : the journal of the Royal Economic Society 7 Applied economics letters 6 Applied financial economics 6 Economic modelling 6 Journal of agricultural and resource economics : JARE ; the journal of the Western Agricultural Economics Association 6 Journal of financial and quantitative analysis : JFQA 6 Wiley finance series 6 Die Bank : Zeitschrift für Bankpolitik und Praxis 5 European review of agricultural economics : ERAE 5 International economic review 5 Journal of empirical finance 5 Journal of political economy 5 Les marchés à terme et le monde agricole en l'an 2000 : perspectives pour l'avenir ; journées d'études, Paris 4 - 5 décembre 1985 5 North central journal of agricultural economics : NCJAE ; publ. semi-annualy 5 Review of agricultural economics : RAE 5 Selected writings on futures markets : research directions in commodity markets, 1970 - 1980 5 Southern journal of agricultural economics 5 The economic record : er 5 Wiley trading series 5 Zeitschrift für Energiewirtschaft : ZfE 5 Aachener Beiträge zur Energieversorgung : ABEV 4 Department of Economics seminar paper / Monash University 4 Discussion paper / Tinbergen Institute 4 Economics letters 4 Empirical economics : a journal of the Institute for Advanced Studies, Vienna, Austria 4
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Source
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ECONIS (ZBW) 1,708 USB Cologne (EcoSocSci) 17 RePEc 15 BASE 3 EconStor 3
Showing 1 - 50 of 1,746
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Market uncertainty and sentiment around USDA announcements
Cao, An N. Q.; Robe, Michel A. - In: The journal of futures markets 42 (2022) 2, pp. 250-275
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Hedging effectiveness of commodity futures contracts to minimize price risk : empirical evidence from the Italian field : crop sector
Penone, Carlotta; Giampietri, Elisa; Trestini, Samuele - In: Risks : open access journal 9 (2021) 12, pp. 1-14
Over the last years, farmers have been increasingly exposed to income risk due to the volatility of the commodities prices. Among others, hedging in futures markets (i.e., financial markets) represents an available strategy for producers to cope with income risks at farm level. To better...
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The opportunities and challenges of combined use of futures commodity exchange and public warehouse in the crop sector of Vietnam
Kozár, László; Vasa, László; Neszmélyi, György Iván - In: European research studies 24 (2021) 1, pp. 1260-1286
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The Ethiopian Commodity Exchange and Spatial Price Dispersion: Disentangling Warehouse and Price Information effects
Ayalew, Hailemariam; Belay, Dagim G. - 2020
Agricultural commodity markets in developing countries are characterized by high transaction costs and risks that reduce trade flows among spatial markets. In this article, we examine whether institutionalized agricultural commodity exchange markets reduce transaction costs and hence spatial...
Persistent link: https://ebtypo.dmz1.zbw/10012145953
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Fear of Hazards in Commodity Futures Markets
Fernandez-Perez, Adrian - 2020
We examine the commodity futures pricing role of active attention to weather, disease, geopolitical or economic threats or “hazard fear” as proxied by the volume of internet searches by 149 query terms. A long-short portfolio strategy that sorts the cross-section of commodity futures...
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Regulating Trade in Forest-Risk Commodities
Partiti, Enrico - 2020
There is a considerable urgency in addressing the impact stemming from the production of certain agricultural commodities on ecosystems and local communities. Forest-risk commodities (FRCs) such as cocoa, coffee, palm oil, rubber, soy, maize and beef generate negative impacts on deforestation,...
Persistent link: https://ebtypo.dmz1.zbw/10012848871
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Relative Basis and Risk Premia in Commodity Futures Markets
Gu, Ming - 2020
The commodity futures basis—the difference between the first and second futures prices—is known to forecast commodity futures returns, arguably through its relation with the convenience yield. We propose a refined measure of the basis, dubbed the relative basis, which is the difference...
Persistent link: https://ebtypo.dmz1.zbw/10012848907
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Market Uncertainty and Sentiment Around Usda Announcements
Cao, An - 2020
We examine empirically the impact of scheduled USDA information releases on uncertainty and sentiment in grains and oil-seeds markets. We document that, for up to five trading days after the release of a scheduled USDA report (WASDE, stocks, prospective plantings, and acreage), agricultural...
Persistent link: https://ebtypo.dmz1.zbw/10012828541
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Commodity futures return predictability and intertemporal asset pricing
Cotter, John; Eyiah-Donkor, Emmanuel; Potì, Valerio - 2020
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Price transmission across commodity markets: physical to futures
Mbara, Gilbert - 2020
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Hedging with commodity futures and the end of normal backwardation
Güntner, Jochen; Karner, Benjamin - 2020
Using the S&P GSCI and its five component sub-indices, we show that considering each commodity separately yields nontrivial hedging gains in and out of sample. During 1999–2019, the maximum Sharpe ratio portfolio assigns positive weights to the GSCI Energy, Industrial and Precious Metals,...
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Development of soft commodity derivative market in function of the risk management in CEE
Kovacevic, Vlado; Subic, Jonel; Janković, Irena - In: Agrarian economy and rural development : realities and …, (pp. 189-195). 2020
This aim of this paper is to analyse possibilities and potential effects of soft commodity derivative market on the development of risk management practice within the CEE. Agricultural producers and other participants in the soft commodity market in CEE are lacking local commodity market. As a...
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The Ethiopian commodity exchange and spatial price dispersion : disentangling warehouse and price information effects
Ayalew, Hailemariam; Belay, Dagim G. - 2020
Agricultural commodity markets in developing countries are characterized by high transaction costs and risks that reduce trade flows among spatial markets. We examine whether institutionalized agricultural commodity exchange markets reduce transaction costs and hence spatial price dispersion...
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Speculator Spreading Pressure and the Commodity Futures Risk Premium
Gong, Yujing - 2020
This paper investigates the impact of speculative trading on the commodity futures risk premium. We focus on speculators' spread positions, and study the asset pricing implications of spreading pressure on the cross-section of commodity futures returns. In an era of financialization of commodity...
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Can Forward Commodity Markets Improve Spot Market Performance? Evidence from Wholesale Electricity
Jha, Akshaya - 2020
Forward commodity markets allow more efficient risk-sharing and information aggregation, but there is little evidence that this reduces the cost of producing the commodity. We develop a measure of the extent to which forward and spot prices agree in commodity markets with transaction costs and...
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Trading Activity in Commodity Futures and Options Markets
Zhang, Tianyang - 2020
Little is known about trading activity in commodity options market. We study the information content of commodity futures and options trading volume. Time-series tests indicate that futures contracts in a portfolio with the lowest option-to-futures volume ratio (O/F) outperform those in a...
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Risk-neutral skewness and commodity futures pricing
Fuertes, Ana María; Liu, Zhenya; Tang, Weiqing - In: The journal of futures markets 42 (2022) 4, pp. 751-785
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A model of asynchronous bi-hemispheric production in global agricultural commodity markets
Miranda, Mario J.; Glauber, Joseph W. - In: American journal of agricultural economics 104 (2022) 2, pp. 812-830
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Keynes as a trader in commodity futures
Marcuzzo, Maria Cristina; Sanfilippo, Eleonora - In: Financial markets in perspective : lessons from …, (pp. 61-81). 2022
While Keynes is known for his theory of normal backwardation in futures markets, he is less known as a trader in these markets. The question arises whether his theory acted as a guide to his trading activity or, rather, whether it was his trading activity that shaped his theory. Backwardation...
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Marketing contract choices in agriculture : the role of price expectation and price risk management
Ricome, Aymeric; Reynaud, Arnaud - In: Agricultural economics : the journal of the … 53 (2022) 1, pp. 170-186
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The hedging pressure hypothesis and the risk premium in the soybean reverse crush spread
Li, Ziran; Hayes, Dermot James - In: The journal of futures markets 42 (2022) 3, pp. 428-445
Persistent link: https://ebtypo.dmz1.zbw/10012817939
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The soft commodities multiple bubbles tests : evidence from the New York futures markets
Chiu, Chien-Liang; Chou, Ke-Hsin - In: Applied economics letters 29 (2022) 3, pp. 206-211
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40 classic crude oil trades : real-life examples of innovative trading
Johnson, Owain - 2022
"The day-to-day world of crude oil traders is not usually open to outsiders. Few non-specialists appreciate how oil traders approach the markets, what their backgrounds are, and how they make money. This book brings the oil trading world to vivid life by introducing the reader to 40 real-life...
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Identifying possible misspecification in South African soybean oil futures contracts
Van der Vyver, Andre; Barnard, Ulonka; Nordier, Jean-Pierre - In: Agrekon 61 (2022) 1, pp. 80-93
Persistent link: https://ebtypo.dmz1.zbw/10013177990
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Energy commodity price risk minimization with precious metals in a multivariate portfolio
Živkov, Dejan; Damnjanović, Jelena; … - In: Finance a úvěr 72 (2022) 1, pp. 50-70
Persistent link: https://ebtypo.dmz1.zbw/10013189236
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Commodity exchanges : concepts, tools and guidelines
Soumaré, Issouf - 2022
"Commodities are basic goods used in commerce and are most often used as inputs in the production of other semi-finished or finished materials. They are very important products in our lives today and constitute non-negligible sources of income for many countries. This book serves as a guide to...
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Persistent link: https://ebtypo.dmz1.zbw/10012819143
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The world for sale : money, power and the traders who barter the earth's resources
Blas, Javier; Farchy, Jack - 2022
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Persistent link: https://ebtypo.dmz1.zbw/10012799916
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Nudging farmers in crop choice using price information: Evidence from Ethiopian Commodity Exchange
Belay, Dagim G.; Ayalew, Hailemariam - 2019
The lack of reference price information is often regarded as one of the most pervasive aspect of incomplete commodity markets in developing countries. Previous studies on the effects of price information emphasize the market participation and performance of rural households. This paper argues...
Persistent link: https://ebtypo.dmz1.zbw/10012140836
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Causality of Pepper Spot and Futures Prices at Indian Commodity Market
Vijayakumar, A N - 2019
The futures contract plays an important role in price discovery and risk management. The contracts prices have an impact on spot prices and are also used for risk management by hedging. This paper reviews the casual relationship between black pepper spot and futures prices through regression and...
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Internet Appendix to 'A Tale of Two Premiums : The Role of Hedgers and Speculators in Commodity Futures Markets'
Kang, Wenjin - 2019
This paper studies the dynamic interaction between the net positions of traders and risk premiums in commodity futures markets. Short-term position changes are mainly driven by the liquidity demands of non-commercial traders, while long-term variation is primarily driven by the hedging demands...
Persistent link: https://ebtypo.dmz1.zbw/10012872030
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How Contango and Backwardation Affects the Performance of Commodity Hedge Funds? Evaluation Based on Commodity Trading Advisors’, CTA
Guirguis, Michel - 2019
In this article, we examine how contango and backwardation affects the performance of commodity hedge funds. Evaluation based on commodity trading advisors', CTA. CTA, commodity trading advisers, or managed futures managers' trade in the commodity market. The hedge funds invest in commodity...
Persistent link: https://ebtypo.dmz1.zbw/10012890422
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The Information Content of Commodity Futures Markets
Alves, Rómulo - 2019
We find that commodity futures returns contain information relevant to stock market returns and macroeconomic fundamentals for a large number of countries. Commodity futures returns predict stock market returns in 59 out of 70 countries and macroeconomic fundamentals in 62 countries. This...
Persistent link: https://ebtypo.dmz1.zbw/10012890635
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"Chicago mercantile exchange bitcoin futures : volatility, liquidity and margin"
Luft, Carl F.; Lee, Jin Man; Choi, Jin W. - In: Spoudai : journal of economics and business 69 (2019) 3, pp. 55-74
This paper explores empirically the behavior of the Chicago Mercantile Exchange (CME) bitcoin futures contract. The analysis focuses on the time period between the launch of the CME bitcoin futures contract on December 18, 2017, and September 17, 2018. The behavior of the bitcoin spot market and...
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Assessment of the impact of hard commodity prices changes on inflation in European Union countries
Lapinskaitė, Indrė; Miečinskienė, Algita - In: Central European business review : CEBR 8 (2019) 5, pp. 18-35
Persistent link: https://ebtypo.dmz1.zbw/10012157663
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Does China's iron ore futures market have price discovery function? : analysis based on VECM and State-space perspective
Ge, Yongbo; Cao, Tingting; Jiang, Ruchuan; Liu, Peide; … - In: Journal of business economics and management 20 (2019) 6, pp. 1083-1101
As the world's largest importer, trading of iron ore occupies a pivotal position in China's international trade. In order to seek the decision power of deciding the price for iron ore, China's Dalian Commodity Exchange (DCE) listed iron ore futures in October 2013,which has become the world's...
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Expectations for statistical arbitrage in energy futures markets
Nakajima, Tadahiro - In: Journal of risk and financial management : JRFM 12 (2019) 1/14, pp. 1-12
Energy futures have become important as alternative investment assets to minimize the volatility of portfolio return, owing to their low links with traditional financial markets. In order to make energy futures markets grow further, it is necessary to expand expectations of returns from trading...
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Nudging farmers in crop choice using price information : evidence from Ethiopian commodity exchange
Belay, Dagim G.; Ayalew, Hailemariam - 2019
The lack of reference price information is often regarded as one of the most pervasive aspect of incomplete commodity markets in developing countries. Previous studies on the effects of price information emphasize the market participation and performance of rural households. This paper argues...
Persistent link: https://ebtypo.dmz1.zbw/10012132680
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Legal and institutional aspects of public forms of electricity or gas fuel trading in Poland versus the conditions in the common energy market
Marszałek, Marcin - In: International journal of management and economics 55 (2019) 2, pp. 148-159
This study aims at presenting the legally, technically, and economically empowered suggestion for a clear definition of a competitive market of gas fuels and electricity of a Member State in order to be utilized within trans-border trade of these utilities, as required by the European Union (EU)...
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Effect of speculators' position changes on the LME futures market
Park, Jaehwan - In: International Journal of Financial Studies : open … 7 (2019) 2/32, pp. 1-9
This paper employs Granger causality tests to analyze the role of speculators using weekly COTR (commitment of traders reports) data covering the period of August 2014 to July 2017. The paper presents statistically significant evidence that the position changes of speculators, such as hedge...
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Evaluation of commodity market experiences : more than a design issue
Küçükçolak, Necla İlter - In: International journal of economics and financial issues … 9 (2019) 1, pp. 66-78
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A Functional Time Series Analysis of Forward Curves Derived from Commodity Futures
Horváth, Lajos - 2019
We study forward curves formed from commodity futures prices listed on the Standard and Poor's-Goldman Sachs Commodities Index (S&P GSCI) using recently developed tools in functional time series analysis. Functional tests for stationarity and serial correlation suggest that log-differenced...
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Equilibrium Pricing of Commodity Spot and Forward Under Incomplete Markets
Nakajima, Katsushi - 2019
This paper analyzes the relation between commodity spot, forward prices, and convenience yield under incomplete markets. We model a maximization profit model of a firm that uses input commodities in order to produce output commodities while storing spot commodities and trading forward to hedge...
Persistent link: https://ebtypo.dmz1.zbw/10012902018
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EIA Storage Announcements, Analyst Storage Forecasts, and Energy Prices
Ederington, Louis H. - 2019
Exploring properties both of the EIA's natural gas and crude oil storage announcements and of analyst forecasts of the EIA storage figures, we find that analyst storage forecasts bring additional information to the market beyond seasonal patterns and past storage flows and that the market...
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The Skewness of Commodity Futures Returns
Fernandez-Perez, Adrian - 2019
This article studies the relation between the skewness of commodity futures returns and expected returns. A trading strategy that takes long positions in commodity futures with the most negative skew and shorts those with the most positive skew generates significant excess returns that remain...
Persistent link: https://ebtypo.dmz1.zbw/10012903915
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Trading and Information in Futures Markets
Llorente, Guillermo - 2019
This paper studies the trading behavior of different types of traders in commodity futures and their impact on liquidity consumption/provision as well as price discovery in the market. CME classifies each trade by its Customer Type Indicator (CTI) into four groups: a local trader who trades for...
Persistent link: https://ebtypo.dmz1.zbw/10012904284
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A Tale of Two Premiums : The Role of Hedgers and Speculators in Commodity Futures Markets
Kang, Wenjin - 2019
This paper studies the dynamic interaction between the net positions of traders and risk premiums in commodity futures markets. Short-term position changes are mainly driven by the liquidity demands of non-commercial traders, while long-term variation is primarily driven by the hedging demands...
Persistent link: https://ebtypo.dmz1.zbw/10012904855
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Variance Risk in Commodity Markets
Prokopczuk, Marcel - 2019
We analyze the variance risk of commodity markets. We construct synthetic variance swaps and find significantly negative realized and expected variance swap payoffs in most markets. We find evidence of commonalities among the realized payoffs of commodity variance swaps. We also document...
Persistent link: https://ebtypo.dmz1.zbw/10012905452
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Is Idiosyncratic Volatility Priced in Commodity Futures Markets?
Fernandez-Perez, Adrian - 2019
This article investigates the relationship between expected returns and past idiosyncratic volatility in commodity futures markets. Measuring the idiosyncratic volatility of 27 commodity futures contracts with traditional pricing models that fail to account for backwardation and contango leads...
Persistent link: https://ebtypo.dmz1.zbw/10012905579
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Price Formation in Spot and Futures Markets : Exchange Traded Funds vs. Index Futures
Schlusche, Bernd - 2019
This paper reconsiders the process of price discovery in spot and futures markets. In our study, we examine the contribution of two derivative products of the German blue chip index DAX: Exchange traded funds and index futures. In order to eliminate noise caused by differences in the...
Persistent link: https://ebtypo.dmz1.zbw/10012906184
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The Commodity Futures Risk Premium : 1871–2018
Bhardwaj, Geetesh - 2019
Using a novel comprehensive database of 230 commodity futures that traded between 1871 and 2018, we document that futures prices have on average been set at a discount to future spot prices by about 5%. The historical risk premium is robust across commodity sectors and varies with the state of...
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