num_pages: 44
description: Takes advantage of a unique micro-database on forward trading in the international petroleum market, with information on the buyer &amp; seller in each transaction. Utilizes transaction-specific data to test directly predictions from the theory of normal backwardation vs. information-based predictions of who profits in these markets. Charts &amp; tables.
language: English
title: Trading Performance in Forward Markets: Information Vs. Normal Backwardation
titlecomplete: Trading Performance in Forward Markets: Information Vs. Normal Backwardation
publisher: Diane Pub Co