Showing 1 - 10 of 11,060
Persistent link: https://www.econbiz.de/10009618869
Persistent link: https://www.econbiz.de/10009673627
Persistent link: https://www.econbiz.de/10001943873
empirically analyze the behaviour of commodity prices and their volatility as predicted by the theory of storage. We examine two … is associated with forward curves in backwardation (contango), as the theory of storage predicts. Second, we show that … price volatility is a decreasing function of inventory for the majority of commodities in our sample. This effect is more …
Persistent link: https://www.econbiz.de/10013092243
Persistent link: https://www.econbiz.de/10001718423
Persistent link: https://www.econbiz.de/10014583087
Persistent link: https://www.econbiz.de/10003723286
Persistent link: https://www.econbiz.de/10011615552
We study how short-term informational advantages can be monetized in a high-frequency setting, when large inventories are explicitly penalized. We find that if most of the additional information is revealed regardless of the high-frequency traders' actions, then fast inventory management allows...
Persistent link: https://www.econbiz.de/10011412266