The Economic Function of Futures Markets 1
bokomslag The Economic Function of Futures Markets
Samhälle & debatt

The Economic Function of Futures Markets

Jeffrey C Williams • Jeffrey Williams • Williams Jeffrey C

Pocket

719:-

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  • 272 sidor
  • 1989
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.
  • Författare: Jeffrey C Williams, Jeffrey Williams, Williams Jeffrey C
  • Format: Pocket/Paperback
  • ISBN: 9780521389341
  • Språk: Engelska
  • Antal sidor: 272
  • Utgivningsdatum: 1989-10-27
  • Förlag: Cambridge University Press

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