. And yet, more and more companies are using(or being forced to use) futures and derivatives to stay competitive in a fast …

necessary technology to reduce emissions of greenhouse gases,but not only that. The ‘goods‘ which are the object of trading on … this market are the tons of carbondioxide which are not emitted into the atmosphere. For trading these goods the EU …

trading landscape has become more fragmented. In order to analyze the positive and normative implications of these evolutions …, we study a framework that captures (i) exchanges’ incentives to invest in faster trading technologies and (ii) investors …’ trading and participation decisions. Our model predicts that regulations that protect prices will lead to fragmentation and …

linkages in futures price, return and volatility of a commodity across commodity exchanges with the help of three models – (a … price, return and volatility of futures contracts traded across commodity exchanges of India and their corresponding … (CTT) on sellers at the time of trading in agri-processed and energy commodities. The tax would lead to lower trading …

futures prices, both during the earlier period of 1985-2002 and during the spike. The dynamics of the term structure changed …

-lag relationships, between crude oil spot and futures prices on two international and one Indian commodity exchange. We also search for … markets did not lead to persistent deviations from fundamentals. There is mutual Granger causality between spot and futures …, and in the error correction model for mature exchanges, spot leads futures. Mature market exchanges lead in price …

significance. We consider relations of the GKO market with currency (spot and forward) markets, stock market, and GKO futures … costs. The GKO nonzero risk premium was estimated as the costs of position hedging in the GKO futures market. The procedure …

functioning and governance of London futures markets, and in particular of the LME. This paper argues that futures market … been insufficiently active in attempting to eliminate manipulations, price discovery on futures markets generates an …

-index spot-futures pricing. Using intraday data for financial instruments related to the CAC 40 index, we do not find that the … spot-futures price efficiency improvement observed after ETF introduction is explained either by the direct effect of ETF … shares being used in arbitrage trades or by the indirect effect of ETF trading improving the liquidity of index stocks in the …