| 000 | 03190nam0a22003133i 4500 | ||
|---|---|---|---|
| 001 | IT\ICCU\UBS\0010895 | ||
| 003 | http://id.sbn.it/bid/UBS0010895 | ||
| 005 | 20230913141759.0 | ||
| 007 | ta | ||
| 008 | 170720s2018 nyu 000 0 eng d | ||
| 010 |
_a9780765645166 _bhbk |
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| 010 |
_a9780765645371 _bpbk |
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| 020 | _a9780765645371 | ||
| 040 |
_bspa _cBJBSDDR |
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| 041 | _aeng | ||
| 050 | 1 | 4 |
_aHG 6024 _bP485c 2018 |
| 100 | 1 |
_aPeterson, Paul E., _94264 _d1940- |
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| 210 |
_aNew York _aLondon |
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| 245 | 1 |
_aCommodity derivatives : _ba guide for future practitioners / _cPaul E Peterson. |
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| 260 |
_aNew York : _bRoutledge, _c2018 |
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| 300 |
_a262 p. : _bill. ; _c23 cm. |
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| 500 | _aIncludes index. | ||
| 505 | _aIntroduction -- Trading futures and options -- Understanding and interpreting futures prices -- Margins, clearing, delivery, and final settlement -- Market regulation -- Hedging with futures -- Hedging and the basis -- Hedging enhancements -- Profit margin hedging and inverse hedging -- Hedging and basis trading -- Basis trading and rolling a hedge -- Speculation in futures -- Introduction to options -- Option pricing -- Profit tables and profit diagrams -- Hedging with options -- Speculating with options -- Commodity swaps. | ||
| 520 | _aCommodity Derivatives: A Guide for Future Practitioners describes the origins and uses of these important markets. Commodities are often used as inputs in the production of other products, and commodity prices are notoriously volatile. Derivatives include forwards, futures, options, and swaps; all are types of contracts that allow buyers and sellers to establish the price at one time and exchange the commodity at another. These contracts can be used to establish a price now for a purchase or sale that will occur later, or establish a price later for a purchase or sale now. This book provides detailed examples for using derivatives to manage prices by hedging, using futures, options, and swaps. It also presents strategies for using derivatives to speculate on price levels, relationships, volatility, and the passage of time. Finally, because the relationship between a commodity price and a derivative price is not constant, this book examines the impact of basis behaviour on hedging results, and shows how the basis can be bought and sold like a commodity. The material in this book is based on the author’s 30-year career in commodity derivatives, and is essential reading for students planning careers as commodity merchandisers, traders, and related industry positions. Not only does it provide them with the necessary theoretical background, it also covers the practical applications that employers expect new hires to understand. Examples are coordinated across chapters using consistent prices and formats, and industry terminology is used so students can become familiar with standard terms and concepts. This book is organized into 18 chapters, corresponding to approximately one chapter per week for courses on the semester system. | ||
| 650 | 4 |
_aMercado financiero _95609 |
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| 650 | 4 |
_aDesarrollo rural _917174 |
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| 650 | 4 |
_aIndustrias AgrÃcolas _96433 |
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| 942 |
_2lcc _cBK |
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| 999 |
_c114376 _d114376 |
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