Economic Function of Futures Markets - Jeffrey C. Williams - Paperback
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ISBN-13:
9780521389341
ISBN:0521389348
Publisher: Cambridge University Press Summary: 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.
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Product Details
ISBN-13:
ISBN:
Publisher: Cambridge University Press
9780521389341
ISBN:
0521389348
Publisher: Cambridge University Press
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.
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