This paper investigates the issue of market risk quantification for emerging and developed market equity portfolios. A very wide spectrum of popular and widely used in practice Value at Risk (VaR) models are evaluated and compared with Extreme Value Theory (EVT) and adaptive filtered models,...

Cross market linkages and spillover effects between Forward Freight Agreements (FFAs) and futures contracts on the commodities transported by Panamax vessels can aid decision making in the very volatile freight markets. Results indicate that there are significant spillover effects between...