Handel auf Terminkontraktmärkten

Maria Stückler

Publication: Working/Discussion PaperWU Working Paper

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Abstract

Commodity prices are significantly more volatile than prices of industrial products. This extreme price instability establishes a need for futures markets in commodities. The main functions of futures trading being hedging against, and speculation on price fluctuations; and it is hedging, that determines the role of speculation. (author's abstract)
Original languageGerman (Austria)
Place of PublicationVienna
PublisherInst. für Volkswirtschaftstheorie und -politik, WU Vienna University of Economics and Business
Publication statusPublished - 2002

Publication series

SeriesDepartment of Economics Working Paper Series
Number80

WU Working Paper Series

  • Department of Economics Working Paper Series

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