Revolutionizing Futures Markets: Unveiling the Strategic Value of Commodity Trading
The World Scientific Handbook of Futures Markets" provides a comprehensive overview of various aspects of futures markets. The researchers explore topics such as price fluctuations, forecast power, trading mechanisms, regulatory issues, and the performance of commodity futures funds. Key findings include evidence that properly anticipated prices fluctuate randomly, the strategic value of commodity futures, and the failure of futures hedge funds. The handbook covers a wide range of markets including agricultural, metallurgical, energy, and climate futures, as well as interest rate and foreign exchange markets. Overall, the handbook offers valuable insights into the dynamics and complexities of futures markets.