clarify the debate about the effect of financialization on commodity markets. Theoretically, the futures risk premium is … market on the energy market became significantly greater for the futures risk premium in the period following the 2008 crisis …. Furthermore, hedging pressure is a strong explanatory variable for the futures risk premium in various circumstances …

We consider whether traders are more likely to commit securities violations when trading at home, a new form of working … misconduct cases. Work at home is associated with fewer cases of trading misconduct, although no difference in communications … misconduct. The economic significance of working from home on trading misconduct is large for both the treatment and selection …

We find and describe four futures markets where the bid-ask spread is bid down to the fixed price tick size practically …

This paper investigates the relationship between futures prices and financial investments in derivatives of the main … volatility of futures prices. The Granger-causality tests suggest that speculative investments usually follow – rather than … precede - variations in futures returns. Employing a GARCH model, we find that the activity of money managers tends to be …