This study provides a literature review of academic research related to liquefied natural gas (LNG) hubs development and market integration. Studies show that Asian markets lack a transparent pricing benchmark which exists in North American and European markets. As a result, the formation of...

In this study, we aim to build better risk models for energy commodities by employing statistical procedures to identify outliers in the prices for all crude oil and natural gas futures contracts traded on the CME over the period of December 2003 through March 2017. Our results show that it is...

This literature review outlines the major progress in the research of the fundamental higher-order moments. We survey the existence, the formation, and the financial market and macroeconomics implications for the moments. Research shows that the time-varying volatility and the non-Gaussian...

This research is designed to help quantify one of the "slippages" which are often recognized in quant strategies. The idea is that whenever the actual executed prices are away (both time and size) from the model prices, the realized returns will suffer. The slippage for a particular statistical...

<section xml:id="fut21616-sec-0001"> This study uses equilibrium arguments to derive closed‐form solutions for the price of European call and put options written on an individual stock when shareholders might lose all their claims on the firm. The stock price accounts for both a random probability of bankruptcy and a random...</section>