Description
A typical market for a commodity, a service or a financial instrument can be divided into the cash market and the futures market. Futures markets are currencies by the standardization of the futures contracts and their trading in highly organized exchanges.
Futures Markets contains in three volumes the most influential articles in this field covering a broad range of topics including market characteristics, speculation, pricing, efficiency, interest rates and insurance and foreign characteristics. Important contributors to the volume include among others: Ronald J. Anderson, Eugene F. Fama, Stephen Figlewski, Paul A. Samuelson, Hans R. Stoll and Holbrook Working. As well as providing an authoritative introduction to accompany the piece, the editor has also written three extensive review articles which survey the field of futures markets.
This significant collection presents a compact guide to the subject of Futures Markets and will be an essential companion for students, researchers and practitioners.