Futures and Options Markets: An Introduction
Futures and Options Markets: An Introductionprovides the reader with an economic understanding of the development and operation of futures and options markets. Starting with the fundamentals of agricultural futures, the text advances the reader through the exciting development of financial futures and options, including currencies and equity indexes. Utilizing real-world examples, this text brings the markets to life by explaining how and why these markets function and how they are used to manage market risk.Some features include:Separate chapters on fundamental and technical analysisReal-world examples, providing practical applications of the complicated theory of how futures and options markets performMarket efficiency section explaining the debate and provides empirical evidence from economic researchInternet sites found throughout various chapters help the reader keep current with the marketsDiscussion problems and questions reinforcing concepts learned in each chapterA balanced coverage of material on both commodity and financial markets--This text refers to an out of print or unavailable edition of this title.