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Using CFTC’s COT data, this letter analysed whether large hedgers and large speculators were influenced by major economic events of the 1990s. Eight major economics events are looked at over 10-year period, and findings support that these informed players were hardly affected by major events....
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traders, price discovery and hedging. The analysis builds on interviews with different types of market participants and … traders such as multinational trading houses typically pursue hedging and speculative trading strategies. Though financial … markets seem to find it more difficult to use markets for hedging given the increased complexity, speed and short …
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In the context of recent commodity price hikes, the financialisation of commodity derivative markets, reflected in the increased presence of financial investors and new financial products such as commodity index and exchange traded funds has been controversially discussed. Many studies focus on...
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